Brent Crude Futures Rise to $100 a Barrel Following Iran's Leader Mojtaba Khamenei's Call to Maintain Closure of Strait of Hormuz
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2026
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Source: moomoo
Brent Crude Prices: Brent crude futures have extended gains, reaching $100 per barrel.
Iran's Leader Statement: Iran's leader, Mojtaba Khamenei, has stated that the closure of the Strait of Hormuz should continue.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
