Energy
Brent at $90: The Hormuz Peace Trade Just Collapsed
Brent surged 7.2% to $90.12 as the Iran truce collapsed and Houthis struck a Saudi tanker. What $90 oil means for Gulf budgets and Egypt's import bill.
Saturday, August 22, 2026
The Middle East Insider
Politics. Economics. Markets. — The Authoritative Voice on the Middle East
Brent
Business
Oil Price History 2020-2026: From -$37 to $128 to $80
Six years of extraordinary oil volatility. COVID collapse, Russia-Ukraine shock, OPEC+ stabilisation. What drove each move and investor…
Business
OPEC+ May 2026 Meeting: Saudi and Russia Decision Preview
OPEC+ meets in May to decide on the 2.2 mbd voluntary cuts. Saudi, Russia, UAE positions, likely outcomes,…