EnergyHigh impactPre-market

WTI crude oil price rises above $84.50 amid tensions

20 Aug 2026 · 07:09 ISTpre-market1 source ↓written by the desknot a recommendation

as tensions escalate: $84.50

WTI crude oil prices surged above $84.50 as tensions escalate in the Strait of Hormuz. This region is crucial for global oil transportation, and any disruption could significantly impact supply. Traders should monitor geopolitical developments closely, as further escalations may lead to increased volatility in oil markets.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 20 Aug 2026, 07:09 IST.

Sourcesnews.google.com

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WTI crude oil price rises above $84.50 amid tensions

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