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The Gulf Barrel

Crude Markets

Brent Split Two Ways in One Session as Bitcoin's Rally

Brent Split Two Ways in One Session as Bitcoin's Rally

Crude Markets

Oil did not simply track Bitcoin's rally on September 21, 2026: benchmark readings for Brent crude diverged within the same session — Fortune's 9:35 a.m. ET snapshot priced it at $101.61 (down 2.61%), OilPrice.com's own midday ticker showed $101.30 (up 1.00%) — evidence Gulf crude was trading Iran-linked Strait of Hormuz risk, not the mood lifting equities and crypto.