منذ 39د
Why Is Brent Crude Rising Despite the U.S.-Iran Ceasefire? $100 Target and Saudi Supply Shock Spark Market Volatility
International benchmark Brent crude and WTI futures inched higher on April 10, 2026, trading at $96.40 and $98.64 respectively. While a two-week ceasefire between the U.S. and Iran was announced on April 7, the initial price crash of 17% has stalled. The market is now grappling with a strategic deadlock as the Strait of Hormuz remains effectively closed and Saudi Arabia reports significant infrastructure damage.