W&T Offshore is trading 5.46% up now at $3.77 after crude prices rose as escalating U.S.-Iran tensions increased concerns about supply disruptions through the Strait of Hormuz.

  • The move appears sector-driven rather than company-specific.
  • On August 31, 2026, Brent rose 2.3% to $90.15, while U.S. crude gained 2% to $85.
  • Recent second-quarter results were positive but released on August 5, not today.