← All stories

The Middle East oil shock

Oil is sold on a world market, so Canadian refiners pay the world price. No official negotiations to end the war are under way.

Share this story

Your message goes with the link. It stays out of the public preview.

What do the sources support?

Check what happened, what was planned and what the sources show.

Claims from: The United States and Iran each report strikes on the other's ships · Show all story claims

Reuters reported on September 10, 2026 that Brent, the main world oil benchmark, closed at US$107.63 a barrel, up US$6.42 on the day. S&P Global Energy, quoted in the same report, said Brent had topped US$100 for the first time since July. When did Brent get back above US$100?

Choose the interpretation best supported by the evidence
Explore this moment firstSee how we got here. Your place in this question will be waiting.