> Brent oil price crosses $100 for first time in two months, Bond yield worries persist as oil edges higher

September 9, 2026 at 8:10 AM EDT

Brent oil prices crossed $100 for the first time in roughly two months on Wednesday as a resurgence in the US-Iran conflict and worries over disruptions throughout the global oil complex pushed prices past the triple-digit mark.

Futures on Brent crude (BZ=F), the international benchmark, rose by roughly 3% on Wednesday to cross over $100 per barrel, while those on US benchmark WTI crude (CL=F) gained a bit more than 2% to push past $95.