Oil Surges Past $100 on Iran Blockade

Brent and WTI surpass $100 per barrel after the Iranian port blockade on April 13, 2026. See the impacts on th! Swipe to see →

OIL SURGES PAST $100 ON IRAN BLOCKADE

In just five days, the price of a barrel of oil rode a roller coaster from $92.28 to over $100 — a swing of nearly 10% that moved trillio...

WHAT HAPPENED

April 13, 2026 began with oil traders on maximum alert. From the early morning hours, Asian markets were already pricing in the expectati...

CONTEXT AND BACKGROUND

The oil crisis of April 2026 is not an isolated event. It fits within a broader context of geopolitical instability and transformation of...

IMPACT ON THE POPULATION

Oil surging above $100 per barrel has direct and measurable consequences for the daily lives of billions of people.

WHAT THE STAKEHOLDERS SAY

Analysts at CNBC and The Guardian described the April 2026 oil market as the most volatile since the 2020 pandemic. The combination of an...

NEXT STEPS

The most critical factor for oil prices in the coming weeks is the ceasefire expiration in nine days. If the ceasefire is renewed, prices...

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