Brent crude reportedly near $102 amid Hormuz risk chatter
A September 24 market update also lists WTI at $91.35 a barrel. Separately, a commenter argues that a Hormuz risk premium would fade quickly if flows through the strait stay normal.
TLDR
A user’s September 24, 2026 market update lists Brent crude at $102.15 a barrel, down 0.90%, and WTI at $91.35, down 0.88%. Separately, a commenter argues that Hormuz chatter usually gets priced into crude through near-term call options—bets on higher prices—before anything happens. The commenter expects that risk premium to fade quickly if flows through the strait stay normal.
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