Brent fell to $104.82 and West Texas Intermediate to $101.91 per barrel on 17 Sep 2026, after three straight daily declines. Saudi Arabia is repairing the damaged East-West Pipeline, which should restore about half its capacity within days, and some tankers still transit the Hormuz strait. Oil remains very high and geopolitically volatile (US-Iran talks, Houthi activity near Bab el-Mandeb). For a Thai SME, fuel and energy-linked costs stay elevated; avoid assuming a durable drop and watch pump prices and freight surcharges before repricing or locking in contracts. A US bill allowing tariffs of up to 100% on countries buying Russian energy also bears watching for import costs.