Oil climbs as Mideast conflict, tanker attacks persist — Live Feedhttps://www.live-feeds.com/feed/oil-climbs-as-mideast-conflict-tanker-attacks-persistContinuously updated, source-cited coverage. Oil climbs as Mideast conflict, tanker attacks persisthttps://www.live-feeds.com/feed/oil-climbs-as-mideast-conflict-tanker-attacks-persisthttps://www.live-feeds.com/feed/oil-climbs-as-mideast-conflict-tanker-attacks-persist#u122756Thu, 15 Oct 2026 02:45:23 +0000Oil prices are rising due to ongoing conflicts in the Middle East and tanker attacks. Brent crude futures reached $106.06 a barrel and US West Texas Intermediate crude gained to $95.09. The Houthis' attacks on Saudi Arabia and Iran's new tactics to target ships are contributing to the price increase. The Strait of Hormuz, a key oil shipping lane, remains a point of tension.Why it mattersThe Middle East conflicts and tanker attacks are disrupting oil supplies and driving up prices. The region's instability is a significant concern for global oil markets. The US has paused plans f