Brent crude climbed back above $100 a barrel as fighting between the United States and Iran intensified, 财联社 reported in its Hong Kong morning briefing on Thursday, 10 September 2026. The benchmark's return to triple digits marks its first breach of that level since July, according to Voice of America.
West Texas Intermediate settled 3.91% higher at $96.67, 新浪财经 reported. The same outlet noted that domestic Chinese crude futures rose more than 5%. Trading data cited by 10jqka.com.cn showed pure benzene hitting its daily limit, with crude and styrene each surging close to 6%.
President Donald Trump said the war would end after the midterm elections, 财联社 reported.
Equity markets moved in different directions. New York's three main indexes closed lower on 9 September, thepaper.cn reported. In Hong Kong, 财联社's morning briefing led with the oil move and Trump's remarks.
The oil rally follows a sharp escalation in Middle East hostilities. 新浪财经 reported that Southern Fund's Sinan investment advisory unit is responding to the geopolitical disruption with multi-asset portfolios.
What to watch next: whether Brent holds above $100 and how Asian markets open in response to the overnight moves.
