2026. the Increase Comes Amid Ongoing Volatility in Global Oil Markets, With Uncertainty Over the Reopening of the Strait of Hormuz Fueling

Brent crude, which directly influences fuel prices at the pump, was trading at $87.68 per barrel as of 07:52 on Tuesday, up from $83.55 at the close of last week. U.S. West Texas Intermediate (WTI) crude stood at $82.23 a barrel at the same time. Before the outbreak of the U.S.-Iran war, Brent had been hovering around $70 per barrel. The latest figures reflect the continued impact of geopolitical tensions on energy costs for Turkish consumers.