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BAKKEN WIRE
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
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Energy Market Briefing Monday, September 14, 2026

1. Headlines

Oil prices are surging this morning as a new supply disruption in the Middle East rattles global markets. According to OilPrice.com and Rigzone, Brent crude spiked to over $108 per barrel in Asian trading, with WTI following to over $103. The immediate catalyst is Saudi Arabia’s precautionary shutdown of its critical East-West oil pipeline following drone attacks launched from Iraq. This pipeline, with a capacity of roughly 4 million barrels per day, is the Kingdom's primary route to bypass the now largely closed Strait of Hormuz, exporting crude from the Red Sea port of Yanbu.

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