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BAKKEN WIRE
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
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Afternoon Energy Market Briefing Tuesday, September 8, 2026

1. Headlines

Oil prices surged to three-month highs today, with WTI closing at $94.15 and Brent at $99.18, according to Rigzone and price data. Multiple sources cite escalating Middle East tensions as the primary driver, specifically renewed military confrontations between the U.S. and Iran. Over the weekend, the U.S. military sank three Iranian oil tankers, including a VLCC near Kharg Island, as reported by OilPrice.com. In response, Iranian officials have warned that U.S. energy companies in the region are now legitimate targets.

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