Brent news for September 14, 2026
Brent reached $108 after drone attacks shut down Saudi Arabia's East-West pipeline, putting a reported 4% of global supply at risk. Gulf states halted Hormuz talks following Houthi strikes on a Saudi airbase, and the shutdown and related supply worries matter for Brent because disruptions to production and transport can affect availability.
How the day unfolded
Brent crude prices have risen after Saudi Arabia shut down a critical pipeline that bypasses the Strait of Hormuz, with continued Middle East attacks and stumbling diplomacy adding to supply concerns. The disruption has focused attention on Gulf shipping routes and prompted several banks to raise their Brent oil price forecasts. Analysts also warn that the market may now be prone to sharper, more frequent spikes, with further price surges potentially rekindling recession fears.
Oil prices have risen following the shutdown of a critical Saudi pipeline that bypasses the Strait of Hormuz, amid ongoing Middle East attacks and diplomatic setbacks. The disruption has led banks to raise Brent price forecasts, with warnings that further spikes could reignite recession fears.
Saudi Arabia shut down a critical pipeline that bypasses the Strait of Hormuz, with satellite images showing damage, contributing to oil price increases amid ongoing Middle East attacks and stalling diplomacy. Persistent Gulf shipping disruptions have led several banks to raise their Brent oil price forecasts. Analysts warn that further price spikes could rekindle recession fears.
Brent crude prices rose after Saudi Arabia shut down a critical pipeline that bypasses the Strait of Hormuz, tightening an already fragile supply route amid ongoing Middle East attacks and stalled diplomacy. Major banks have raised their Brent price forecasts citing persistent Gulf shipping disruptions, while analysts warn the market is now prone to sharper, more frequent spikes.
Brent crude rose following Saudi Arabia's shutdown of a critical pipeline that bypasses the Strait of Hormuz, amid continuing Middle East attacks and faltering diplomacy. The disruption has prompted several major banks to raise their Brent price forecasts, citing persistent Gulf shipping disruptions. Standard Chartered also warned that oil is now positioned for sharper, more frequent spikes.
Brent crude prices rose after Saudi Arabia shut down a critical pipeline that bypasses the Strait of Hormuz, with ongoing Middle East attacks and stalled diplomacy adding to supply concerns. Several banks have raised their Brent price forecasts amid persistent Gulf shipping disruptions, and Standard Chartered warns the market is now built for sharper, more frequent spikes.
Brent crude rose after Saudi Arabia shut down a critical pipeline that bypasses the Strait of Hormuz, amid ongoing Middle East attacks and stalled diplomacy. The disruption to a key shipping route has led several banks to raise their Brent price forecasts, highlighting market attention on supply flows from the Gulf.
Drone attacks have shut down Saudi Arabia's East-West pipeline, pushing oil prices higher and Brent crude to $108. The disruption comes amid ongoing Middle East attacks and delayed Strait of Hormuz talks between Iran and Oman, deepening concerns about energy supply. As a result, Brent crude is reacting to heightened geopolitical risks affecting a critical oil transport route.
Brent crude rose to $108 and traded near a four-month high after drone attacks shut down Saudi Arabia’s East-West pipeline, adding to supply concerns. The postponement of Strait of Hormuz talks between Iran and Oman further kept Middle East supply risk in focus. These developments matter for Brent because they reduce available supply and heighten the geopolitical risk premium reflected in crude prices.
Brent crude rose to $108 after drone attacks shut down Saudi Arabia's East-West pipeline, putting roughly 4% of global oil supply at risk. The pipeline shutdown came as Gulf states halted Hormuz talks, heightening Middle East tensions and supply concerns. These developments matter for Brent because they directly affect global oil supply, contributing to the price increase.
Brent crude rose to $108 per barrel after drone attacks shut down Saudi Arabia's East-West pipeline, putting about 4% of global oil supply at risk. The price increase was compounded by the postponement of Hormuz talks and ongoing Houthi strikes on Saudi infrastructure. These developments have heightened concerns about energy supply disruptions.
Brent rose to $108 after drone attacks shut down Saudi Arabia's East-West pipeline, putting about 4% of global supply at risk. Supply worries deepened as Gulf States halted Hormuz talks following a Houthi strike on a Saudi airbase.
Headlines (19)
- Bank of America, Goldman Sachs, HSBC and More Raising Brent Oil Price Forecasts Amid Persistent Gulf Shipping Disruptionsdailyhodl.com · Sep 13, 11:57 UTC
- Further Oil Price Spikes Could Rekindle Recession Fearsoilprice.com · Sep 13, 21:01 UTC
- Oil prices rise after Saudi Arabia shut down critical pipeline that bypasses Strait of Hormuzwww.cnbc.com · Sep 13, 22:12 UTC
- StanChart Warns Oil Is Now Built for Sharper, More Frequent Spikesoilprice.com · Sep 13, 23:03 UTC
- The Oil Escape Route Went Dark, and Markets Are Feeling Itnews.bitcoin.com · 00:15 UTC
- Oil Prices Surge as Middle East Attacks Continue and Diplomacy Stumblesoilprice.com · 02:42 UTC
- Satellite images show extent of damage to major Saudi pipeline, amid global oil supply fearswww.theguardian.com · 02:44 UTC
- The Commodities Feed: Oil stronger on Saudi pipeline shutdownthink.ing.com · 02:48 UTC
- Middle East live: Iran's nuclear chief not expected to attend IAEA General Conference, official sayswww.france24.com · 03:42 UTC
- investingLive Asia-Pacific market news: Oil holds gap higherinvestinglive.com · 03:56 UTC
- Brent Hits $108 as Saudi Pipeline Shutdown Deepens Supply Fearsoilprice.com · 05:40 UTC
- Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipelinewww.theguardian.com · 08:05 UTC
- Oil prices near 4-month high as Iran and Oman delay Strait of Hormuz talkswww.cbsnews.com · 08:09 UTC
- Oil Prices Jump on Energy Supply Worrieswww.nytimes.com · 08:24 UTC
- Oil rises again as Hormuz talks get postponed and Saudi pipeline shutdown deepens energy crisisinvestinglive.com · 09:11 UTC
- Oil, gas and borrowing costs surge as fears over Middle East escalatewww.hellenicshippingnews.com · 10:02 UTC
- Oil Surges As Saudi Pipeline Crisis Puts 4% Of Global Supply At Risk; Bernstein Warns Of $150 Crudewww.zerohedge.com · 11:28 UTC
- Brent at $108: Gulf States Halt Hormuz Talks as Houthis Strike Saudi Airbaseoilprice.com · 14:04 UTC
- Iran's proxies using Yemen to compound war's impact on oil priceswww.cbsnews.com · 15:17 UTC
Scheduled events
As of 23:29 UTC
- 2026-09-14 — Foreign Direct Investment ytd/y · CNY
- 2026-09-14 — New Loans · forecast 480B · CNY
- 2026-09-14 — M2 Money Supply y/y · forecast 7.6% · CNY
- 2026-09-14 — Manufacturing Sales m/m · forecast -0.2% · CAD
- 2026-09-14 — Core CPI m/m · forecast 0.2% · CAD
- 2026-09-14 — Median CPI y/y · forecast 2.0% · CAD
- 2026-09-14 — Common CPI y/y · forecast 2.7% · CAD
- 2026-09-14 — CPI m/m · forecast -0.1% · CAD
Not investment advice. For informational purposes only.