Why has oil stayed below $100 a barrel despite supply disruptions amid US-Iran escalation?
- Posted on September 8, 2026
- By Dawn
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- 1 min read
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Why has oil stayed below $100 a barrel despite supply disruptions amid US-Iran escalation?
Gulf producers have found alternative routes and are expected to continue sending cargoes for ship-to-ship transfers outside of Hormuz; non-Opec producers set to increase output.