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Brent Tops $100 As Gulf Conflict Escalates; UBS Warns US-Iran "Off-Ramp Remains Elusive"

Brent Tops $100 As Gulf Conflict Escalates; UBS Warns US-Iran "Off-Ramp Remains Elusive" Brent crude futures topped $100 a barrel for the first time since July as US strikes on Iranian oil tankers and renewed attacks on Saudi energy infrastructure and a US base in Jordan suggested to UBS energy specialist Dominic Ellis that a "US-Iran off-ramp remains elusive." Ellis adds more color on the overnight Gulf developments and response in the crude oil market: Brent topped $100/bbl as the US and Iran continue to trade strikes around the Strait of Hormuz.  The...
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Jul 16, 2026 / Tyler Durden
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Jun 20, 2026 / Tyler Durden
CIA Official Confirms Agency Flip-Flopped Over COVID-19 Origins Over Five-Day Period
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Jun 22, 2026 / Tyler Durden
Israeli Troops Deployed To Somaliland In Covert Mission
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