Published Mar 6, 2026, 7:04 AM ET · Updated 8 months ago · 2 sources

WTI Crude Tops $85 a Barrel as War Paralyzes Hormuz Traffic

B
bloomberg
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Original Report

US crude futures topped $85 a barrel for the first time in almost two years as the war in the Middle East unleashed a wave of disruption across energy markets, with shipping through the Strait of Hormuz at a near-total halt.