Oil prices fluctuate on Trump's Russian diesel comments, attacks on Saudi
Oil prices are rising due to ongoing attacks on Saudi Arabia and tanker attacks near the Strait of Hormuz, which have raised supply concerns. However, US President Donald Trump's comments on Russian diesel exports have somewhat offset these concerns. Brent crude climbed to $105.41 a barrel and US WTI was at $92.42 a barrel. The situation in the Middle East remains tense, with Houthi rebels attacking Saudi Arabia's airport in Sana'a.
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- ✓ Brent crude climbed to $105.41 a barrel
- ✓ US WTI was at $92.42 a barrel
- ✓ Houthi rebels attacked Saudi Arabia's airport in Sana'a
What changed
Oil prices rose to near two-week highs as attacks on Saudi Arabia outweighed possible further supplies from Russian diesel exports.
Live updates
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Oil prices fluctuate on Trump's Russian diesel comments, attacks on Saudi
Oil prices are rising due to ongoing attacks on Saudi Arabia and tanker attacks near the Strait of Hormuz, which have raised supply concerns. However, US President Donald Trump's comments on Russian diesel exports have somewhat offset these concerns. Brent crude climbed to $105.41 a barrel and US WTI was at $92.42 a barrel. The situation in the Middle East remains tense, with Houthi rebels attacking Saudi Arabia's airport in Sana'a.
Why it matters
The conflict in the Middle East has been escalating, with Houthi rebels launching attacks on Saudi Arabia, including a recent strike on Riyadh airport. These attacks, combined with tanker attacks near the Strait of Hormuz, have raised concerns about oil supply disruptions. The situation is being closely watched by the international community, as it has implications for global oil prices and regional stability.
What is confirmed
- Brent crude climbed to $105.41 a barrel
- US WTI was at $92.42 a barrel
- Houthi rebels attacked Saudi Arabia's airport in Sana'a
Still unconfirmed
- US President Donald Trump hailed fresh Russian diesel exports
What to watch next
- Further attacks on Saudi Arabia or tanker attacks near the Strait of Hormuz
- Decisions on oil production from major oil-producing countries
- Developments in the conflict between Houthi rebels and Saudi Arabia
confidence 85%Sources used for this update (13)
- CNN — If the Strait of Hormuz is open, why are gas and diesel so expensive? | CNN Business
- www.theguardian.com — Middle East crisis live: Houthi media reports strike on airport in Sana’a after deadly Riyadh attack
- Yahoo Finance — Oil climbs as Mideast conflict, tanker attacks persist
- Bloomberg.com — Oil Rises as Saudi Airport and Tanker Attacks Stoke Supply Fears
- Reuters — Oil prices fluctuate on Trump's Russian diesel comments, attacks on Saudi
- TradingView — Crude Oil Rises for 3rd Day
- timesofindia.indiatimes.com — Gold price prediction today: Will gold prices rise? Check October 13, 2026 outlook
- finance.yahoo.com — Oil prices rise on Saudi Arabia attacks, overshadowing Trump ...
- www.foxnews.com — Oil price hikes, Saudi-Houthi strikes carry on amid Trump's midterm pause on Iran war | Live Updates from....
- tribune.com.pk — Oil prices fluctuate on Trump's Russian diesel comments, attacks on Saudi - The Express Tribune
- www.ntd.com — Oil Prices Fluctuate on Trump's Russian Diesel Comments, Attacks on Saudi | NTD
- newsalert.com.pk — Oil Prices Fluctuate as Saudi Attacks Offset Hopes of More Russian Diesel - News Alert Pakistan
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