https://www.live-feeds.com/feed/oil-futures-rise-as-more-oil-routes-are-obstructedContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-futures-rise-as-more-oil-routes-are-obstructedhttps://www.live-feeds.com/feed/oil-futures-rise-as-more-oil-routes-are-obstructed#u72308Thu, 17 Sep 2026 06:31:41 +0000Oil prices are climbing as Middle East conflicts widen and supply routes face obstruction. U.S. crude oil has topped $105 per barrel, while some grades show a price gap exceeding $40 due to risks surrounding the Strait of Hormuz. Market volatility is driven by halted pipelines and concerns over continuing supply disruptions. While Goldman Sachs warns of war escalation, China's demand remains a critical variable for future price movements. Separately, European gas prices have hit 92.95 euros per MWh amid low storage and regional tensions.Why it mattersThe Strait of Hormuz is a critical cho