Brent Crude Hits Highest Level Since July as Kpler Data Shows Thin Hormuz Traffic

According to Al Jazeera on Sunday, September 6, 2026 (15 Shahrivar 1405), Brent crude futures closed Friday, September 4 (13 Shahrivar) at $96.28 a barrel, their highest level since July 24 and up from roughly $70 before the Iran-US war began. Sahmino's own live price data still showed this level holding as of Sunday afternoon. Al Jazeera also reported that US diesel hit a record $5.85 a gallon ($1.55 a liter) on Friday, its highest price ever.

Citing data from shipping analytics firm Kpler, Al Jazeera reported that despite US Treasury Secretary Scott Bessent's claim that 17 million barrels of oil a day are moving through the Strait of Hormuz, actual vessel traffic is far lower: just six vessels crossed the strait on Wednesday, 11 on Tuesday and five on Monday, with a 10 day average of only 13 vessels a day. The data emerged as the US and Iran escalated tit for tat strikes on oil tankers in the Strait of Hormuz and the Sea of Oman in recent days.