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WTI at $96, Brent Above $105: Iran War Reshapes Global Crude Flows

WTI at $96, Brent Above $105: Iran War Reshapes Global Crude Flows

WTI is trading at $96.49 intraday, up $6.88 (+7.68%), and Brent has broken above $105 — the Iran war premium is doing what war premiums do: compressing risk tolerance across every Atlantic Basin supply chain. The real story isn’t the price alone; it’s what’s happening
CIR Research Desk 23 Apr 2026

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