---
title: "Oil on track for record monthly surge as Iran war disrupts markets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280908083.md"
description: "The Brent crude oil price is set for its largest monthly increase ever in March, rising by 51% due to disruptions caused by the Iran war. This surge surpasses the previous record of 46% in September 1990, following Iraq's invasion of Kuwait. As of Friday, Brent closed at $112.57 a barrel, up from $72.48 on March 1."
datetime: "2026-03-29T11:29:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280908083.md)
  - [en](https://longbridge.com/en/news/280908083.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280908083.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280908083.md) | [繁體中文](https://longbridge.com/zh-HK/news/280908083.md)


# Oil on track for record monthly surge as Iran war disrupts markets

The Brent crude oil price is on track for its biggest monthly gain on record in March after the Iran war caused mayhem in the markets. Brent crude, the international benchmark, has climbed by 51% since the start of March, LSEG data shows, beating the previous monthly record of 46% in September 1990 after Saddam Hussein invaded Kuwait, leading to the first Gulf war. Brent closed at $112.57 a barrel on Friday, up from $72.48 a barrel on 27...

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