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Oil price today: Brent crude stays above$90 as Middle East standoff intensifies

SHIVANGHI PAYAL25 Aug 2026, 02:02 amUpdated 1h ago1 min readIndiaIndia

India — SHIVANGHI PAYAL

Oil price today: Brent crude stays above $90 as Middle East standoff intensifies

Amidst a backdrop of fresh US sanctions on Iran, oil prices held firm as investors calculated the implications. The atmosphere grew tense after an oil tanker encountered damage near Oman's shores. With the US tightening its sanctions to curtail Iran's financial resources, analysts remarked that economic pressures allayed concerns over potential Middle Eastern oil supply interruptions, coinciding with US crude reserves reaching their lowest tier since 1982.

This report is published with credit to Times of India. The wire sent a summary; open the original for any extra context. Read on Times of India →

Source: Times of India · SHIVANGHI PAYAL. Published 25 Aug 2026, 02:02 am.

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