{"id":10296,"date":"2026-03-30T13:52:00","date_gmt":"2026-03-30T09:52:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/business\/brent-soars-record-monthly-surge\/"},"modified":"2026-03-30T18:01:35","modified_gmt":"2026-03-30T14:01:35","slug":"brent-soars-record-monthly-surge","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/business\/brent-soars-record-monthly-surge\/","title":{"rendered":"Brent Oil Prices Surge: Implications for Investors and Businesses in Oman"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitv3sog-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitv3sog-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitv3sog-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitv3sogw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitv3soga{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitv3soga:hover{border-color:#dc262688}\r\n.hitv3sogg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 0%,rgba(220,38,38,0.35),transparent 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p><\/p>\n<p><strong>LONDON:<\/strong> Oil prices continued to rise on Monday, with Brent crude on track for a record monthly increase following Ansar Allah&#8217;s initial attacks on Israel, which have intensified the US-Israel conflict against Iran.<\/p>\n<p>By 09:33 GMT, Brent crude futures increased by $3.20, or 2.8%, reaching $115.77 a barrel after a 4.2% rise on Friday. Meanwhile, US West Texas Intermediate saw an uptick of $1.87, or 1.9%, to $101.51, following a 5.5% gain in the prior session.<\/p>\n<p>&#8220;The market has largely dismissed the possibility of a negotiated resolution to the conflict, despite former President Trump&#8217;s claims of both &#8216;direct and indirect&#8217; talks with Iran. It is now bracing for an escalation in military actions,&#8221; noted Vandana Hari from Vanda Insights.<\/p>\n<p>The arrival of additional US troops in the Middle East coincides with Trump&#8217;s assertion that both countries have been in meetings, asserting that new Iranian leaders are exhibiting a &#8220;reasonable&#8221; approach. <\/p>\n<p>On the other hand, the Israeli military announced on Monday that it was targeting Iranian government infrastructure in Tehran.<\/p>\n<p>Oil price increases were briefly softened by Trump&#8217;s announcement of a pause in attacks on Iran&#8217;s energy sector until April 6. <\/p>\n<p><strong>&#8220;MARKET LOOKING FOR CONCRETE SIGNS OF DE-ESCALATION&#8221;<\/strong><\/p>\n<p>SEB Research reported that Trump&#8217;s extended deadline has not alleviated market concerns. &#8220;The market is now demanding tangible evidence of de-escalation, rather than mere rhetoric,&#8221; the firm stated in a note.<\/p>\n<p>Brent crude has surged approximately 60% this month\u2014the largest monthly increase since LSEG began tracking data in 1988\u2014outpacing even the increases seen during the Gulf War in 1990. US crude has risen by 52%, marking its biggest monthly advancement since May 2020.<\/p>\n<p>These substantial gains are attributed to Iran&#8217;s effective blockade of the Strait of Hormuz, a critical passage for about a fifth of the world&#8217;s oil and gas supplies.<\/p>\n<p>The conflict, which commenced on February 28 with US and Israeli strikes against Iran, has broadened throughout the Middle East, raising concerns over shipping routes in the Arabian Peninsula and the Red Sea.<\/p>\n<p>The Israeli military indicated that Iran has launched multiple missile attacks on Israel, including a rare strike from Yemen.<\/p>\n<p>&#8220;The conflict has expanded beyond the Arabian Gulf and the Strait of Hormuz, now affecting the Red Sea and Bab El Mandeb\u2014one of the world\u2019s key chokepoints for crude and refined products,&#8221; analysts at JP Morgan, led by Natasha Kaneva, commented.<\/p>\n<p>Data from analytics firm Kpler showed that Saudi crude exports redirected from the Strait of Hormuz to the Yanbu port in the Red Sea reached 4.658 million barrels per day last week.<\/p>\n<p>If disruptions occur at Yanbu, Saudi oil may need to reroute through Egypt&#8217;s Suez-Mediterranean (SUMED) pipeline to the Mediterranean, JP Morgan analysts cautioned. \u2014 Reuters<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p><strong>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/strong><\/p>\n<p>The recent surge in <strong>oil prices<\/strong>, driven by escalating military tensions in the Middle East, poses both opportunities and risks for businesses in Oman. <strong>Investors should capitalize<\/strong> on rising oil revenues while remaining vigilant about potential disruptions to shipping routes and supply chains, particularly through strategic chokepoints like the <strong>Bab El Mandeb<\/strong>. Entrepreneurs must consider adjusting their strategies to <strong>mitigate risks<\/strong> related to geopolitical instability and explore <strong>diversification<\/strong> in their operations to ensure resilience in the face of market volatility.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices surged as Brent crude jumped $3.20 to $115.77 a barrel, marking a record monthly rise. This comes amid escalating tensions following Ansar Allah\u2019s attacks on Israel, raising fears of military hostilities and impacting the oil market significantly.<\/p>\n","protected":false},"author":2,"featured_media":10297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[4003,328,4283],"class_list":["post-10296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-middle-east-conflict","tag-oil-prices","tag-us-iran-relations"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2026\/03\/3336385.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/10296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=10296"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/10296\/revisions"}],"predecessor-version":[{"id":10298,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/10296\/revisions\/10298"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/10297"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=10296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=10296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=10296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}