Commerzbank’s energy team notes fading hopes for a US–Iran agreement to reopen the Strait of Hormuz, driving Brent toward USD 90 and gas oil to nearly USD 1,350 per ton. Drone attacks on refineries in Saudi Arabia, Russia, Libya and tight diesel supply add to the risk premium. "The price of Brent crude rose by 5% as a result and this morning stood at nearly USD 90 per barrel for the first time since the end of July." "The price of gas oil rose even more sharply: it climbed by almost 10% and is trading at just under USD 1,350 per ton for the first time since the end of April." "Even though the European market is not directly affected, this is making the global supply of diesel tighter."