Cargo ships sail in the Arabian Gulf toward the Strait of Hormuz in United Arab Emirates on March 19, 2026. AP Photo
Brent crude oil futures opened higher on late Sunday from Thursday’s closing, breaking through the $111 per barrel level amid concerns that the Iran war could potentially worsen over the coming week.
On March 31, oil prices hit its weekly high of over $119 per barrel. Prices then collapsed to as low as around $98 on Wednesday, before subsequently jumping to more than $109 on Thursday. The markets were closed on Easter Friday. On late Sunday, oil hit a high of $111.89 and was trading at $110.73 as of 9:50 p.m. ET.
English (US) · 
Turkish (TR) · 