Oil prices eclipsed $114 per barrel for the first time since 2022 on Monday (March 9, 2026) as the Iran war intensified, threatening production and shipping in West Asia. The price for a barrel of Brent crude, the international standard, surged past $114 after trading resumed on the Chicago Mercantile Exchange. That was up 23% from its Friday (March 6) closing price of $92.69. Crude oil prices surpass $100 a barrel as Iran war impedes production and shipping Crude oil prices exceed $100 per barrel as the Iran war disrupts production and shipping in West Asia. Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation Parliament Budget session LIVE: Motion to remove Speaker Om Birla sets stage for a stormy session VPNs up, porn websites down as Australia brings in new online age-restrictions