WTI was about US$91.30/bbl and Brent about US$95.52/bbl on 3 Sep 2026, after tensions between the US and Iran continued. Mitsui OSK Lines' CEO said shipping through the Strait of Hormuz is unlikely to normalise by year-end, and Black Sea crude exports face renewed risk after an attack near the CPC terminal. For a Thai SME, expect fuel and freight costs to stay elevated: review diesel and transport budgets, and check whether supplier or logistics contracts have fuel surcharges that could rise.