Suncor Energy is trading 4.6% up in pre-market at $68.44 after overnight crude oil climbed more than 2% amid escalating U.S.-Iran tensions and Strait of Hormuz disruption concerns.
- Brent rose 2.3% to $90.15; WTI gained 2% to $85.00 on August 31, 2026.
- The move appears primarily sector-driven rather than company-specific; broader markets were mixed, while hawkish Federal Reserve commentary limited overall risk appetite.
- No fresh Suncor announcement was identified on August 31, 2026.