Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts s
- Posted on August 12, 2026
- By Business News Today
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- 1 min read
Global oil markets demonstrated resilience as maritime security concerns continue to support crude prices. Brent crude reached $89.63 per barrel with a 0.81% gain, while WTI crude climbed to $83.91, both recovering from recent lows. The uptick reflects ongoing geopolitical tensions affecting shipping routes and supply chain stability. Market analysts remain cautious, monitoring how international developments could further influence energy commodities in the coming weeks.
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