Oil prices hold near 6-week highs on US-Iran attacks
Brent crude reached a five-month peak of $111.99 before settling at $108.79 as conflict between the US and Iran continues. Prices remain high due to intensified attacks in the Strait of Hormuz and declining US crude inventories caused by Hurricane Isaias. While a top Russian diplomat is visiting Tehran to prevent a return to major hostilities, experts describe the conflict as being in a dangerous limbo. These price surges are impacting US consumers at the pump ahead of the midterm elections.
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- ✓ Brent crude reached a five-month high of $111.99 before settling at $108.79.
- ✓ Hurricane Isaias contributed to declining US crude inventories and rising prices.
- ✓ The US is currently in a war with Iran.
What changed
Brent crude hit a five-month high of $111.99 and Russian diplomats have entered Tehran to negotiate an end to major hostilities.
Live updates
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Brent crude hits five-month high as Iran war persists
Brent crude reached a five-month peak of $111.99 before settling at $108.79 as conflict between the US and Iran continues. Prices remain high due to intensified attacks in the Strait of Hormuz and declining US crude inventories caused by Hurricane Isaias. While a top Russian diplomat is visiting Tehran to prevent a return to major hostilities, experts describe the conflict as being in a dangerous limbo. These price surges are impacting US consumers at the pump ahead of the midterm elections.
Why it matters
Iranian attacks on commercial vessels have reduced oil exports to less than half of pre-war levels. The US Strategic Petroleum Reserve previously released 17 million barrels to stabilize the market. Ukraine has also targeted Russian refineries after ending an energy truce.
What is confirmed
- Brent crude reached a five-month high of $111.99 before settling at $108.79.
- Hurricane Isaias contributed to declining US crude inventories and rising prices.
- The US is currently in a war with Iran.
Still unconfirmed
- Indian Oil will reduce long-term Gulf crude contracts next year in favor of spot purchases.
What to watch next
- Outcome of the Russian diplomatic mission to Tehran
- US midterm election results
- Further changes to US Strategic Petroleum Reserve levels
confidence 90%Sources used for this update (7)
- www.timesnownews.com — Oil on the Boil: Iran, Houthis and Ukraine Intensify Global ...
- www.yahoo.com — Russian envoy says visit to Iran aimed at averting return to war
- www.businessinsider.com — Gas and Oil Prices Soar As Trump Deals With Iran War ...
- www.independent.co.uk — The disturbing ‘new normal’ in the Strait of Hormuz: Attacks ...
- discoveryalert.com — Oil Prices Whipsaw as Brent Hits $111.99 Then Falls on Iran Talks
- www.tradingnews.com — EUR/USD Stuck Below 1.1270 as French Yields Hit 2002 Highs — Fed-ECB Week Sets Up Break Toward 1.1350
- www.briefs.co — Indian Oil to Pare Back Long-Term Gulf Crude Deals Next Year
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Brent oil hits $110 as Iranian attacks disrupt Hormuz exports
Brent crude reached $110 following an escalation of Iranian attacks on commercial vessels in the Strait of Hormuz. These strikes have caused oil exports to drop to less than half of pre-war levels. In the last two weeks, 24 ships were struck, including two loaded tankers that Iran says hit mines. While US crude prices rose sharply on Friday, the Strategic Petroleum Reserve added 17 million barrels to the market to offset supply concerns. Ukraine has also ended a brief energy truce and vowed to target Russian refineries.
Why it matters
The Strait of Hormuz is a critical chokepoint for global energy supplies. Disruptions here directly impact international crude prices and US fuel costs. Continued instability threatens to deepen the global energy supply crisis.
What is confirmed
- Brent oil touched $110.
- Iran escalated attacks on commercial vessels in the Strait of Hormuz.
- US crude oil prices rose sharply on Friday.
Still unconfirmed
- Twenty-four ships were struck in the past two weeks.
- Oil exports have plummeted to less than half of pre-war flow.
- Two loaded tankers hit mines.
- The Strategic Petroleum Reserve put 17 million more barrels on offer.
- Ukraine vowed to hit Russian refineries.
What to watch next
- Further changes in oil export volumes through the Strait of Hormuz
- Impact of Ukrainian strikes on Russian refinery output
- Additional releases from the Strategic Petroleum Reserve
confidence 80%Sources used for this update (7)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- www.cnbctv18.com — Business News Today Live: Latest Business & Stock Market News ...
- nypost.com — Hormuz ships pummeled with worst attacks of the Iran War — as ...
- www.cnbc.com — Brent oil touches $110 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineries
- note.com — US Market Report October 18, 2026
- oilprice.com — Iranian Ship Attacks Threaten Middle East Oil Exports as ...
- energynewsbeat.co — Hormuz Mines, Russian Refinery Fires and a $25 Gas Gap: What Moved Your Fuel Bill This Week
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Oil prices near 6-week highs on US-Iran attacks
Oil prices remain near six-week highs following a 2% surge on Monday, driven by ongoing drone and missile strikes on Saudi Arabia and tanker attacks near the Strait of Hormuz. West Texas Intermediate trades at $92.00 a barrel, while Brent reached $106.80. US diesel prices stand at $6.28 a gallon, up from $3.70 a year ago.
Why it matters
The recent attacks have revived concerns over global supply recoveries, particularly with depleted global oil inventories. The situation is closely watched as OPEC forecasts stronger demand in 2027. Rising tensions between the US and Iran, with potential impacts on oil supplies, have kept markets on edge.
What is confirmed
- Oil prices rose 2% on Monday after Houthi attacks on Saudi Arabia and tanker strikes near Hormuz.
- Brent reached $106.80 and WTI traded at $93.78 on Monday.
- US diesel prices stand at $6.28 a gallon compared to $3.70 a year ago.
- Global oil inventories are dangerously depleted.
Still unconfirmed
- Iran reportedly intensified tanker attacks in the Strait of Hormuz.
What to watch next
- Further US strikes on Iran
- OPEC's demand forecast for 2027
- US midterm elections in November
confidence 85%Sources used for this update (8)
- www.yahoo.com — Yahoo
- finance.yahoo.com — Oil Jumps 2% as Saudi Attacks and Tanker Strikes Revive ...
- oilprice.com — Oil Market Tightens as Tanker Attacks and Inventory Draws Mount
- www.globalbankingandfinance.com — Oil Prices Surge on Saudi Attacks, Overshadowing Russian ...
- help.naver.com — Futures Flat As Oil Rebounds After Trump's "Energy Ceasefire" Unravels, Memory Stocks Slide | ZeroHedge
- tradingeconomics.com — US 10-Year Treasury Yield Edges Up - TRADING ECONOMICS
- www.foxnews.com — Trump says 'should have probably left' Iranian leaders, negotiators beg to live
- oilprice.com — Oil Prices Climb Above $106 as Iran Threatens More Tanker Attacks
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Oil Prices Hover Near Multi-Week Highs Amid New Saudi Attacks
West Texas Intermediate trades below $92.00 a barrel following a Monday jump that pushed prices to a two-week high. The upward movement comes as Saudi Arabia reports ongoing drone and missile strikes targeting the kingdom, threatening global supply recoveries. Meanwhile, US diesel prices stand at $6.28 a gallon compared to $3.70 a year ago. US President Donald Trump previously stated that Washington would not attack Iran before November's midterm elections.
Why it matters
Geopolitical tensions in the Middle East continue to drive energy market volatility and stoke broader inflation concerns across global financial sectors. Renewed strikes on Saudi hubs disrupt supply recovery efforts and keep logistical routes under severe pressure. Energy market participants are closely monitoring these disruptions as US banks prepare to kick off the earnings season.
What is confirmed
- West Texas Intermediate trades below $92.00 a barrel during the Asian session on Tuesday.
- Saudi Arabia reported that it faces ongoing drone and missile strikes, with several countries issuing travel warnings following deadly strikes on Riyadh's airport by Iran-backed Houthi militants.
- US diesel is priced at $6.28 a gallon compared to $3.70 a year ago.
Still unconfirmed
- US President Donald Trump stated that Washington would not attack Iran before November's midterm elections.
What to watch next
- Developments in US bank earnings reports kicking off on Tuesday
- Further reports on drone and missile attacks targeting Saudi Arabia
- Movement in WTI crude prices relative to the $92.00 threshold
confidence 90%Sources used for this update (16)
- www.cnbc.com — Crude Oil Prices Today and Oil Market News - CNBC
- oilprice.com — Crude Oil Prices Today | OilPrice.com
- en.wikipedia.org — Oil - Wikipedia
- oilprice.com — Oil News Today | OilPrice.com
- en.wikipedia.org — Petroleum - Wikipedia
- tradingeconomics.com — Crude Oil - Price - Chart - Historical Data - News
- www.tradingview.com — USOIL Price Chart — WTI Crude Oil — TradingView
- markets.businessinsider.com — Crude Oil Price Today | WTI OIL PRICE CHART | OIL PRICE PER...
- www.mitrade.com — WTI declines to near $89.50 as Trump rules out attacks on Iran before midterm elections
- www.kucoin.com — Fed Not Rushing to Raise Rates, Wall Street Remains Bullish on the Dollar
- discoveryalert.com — Why Russian Diesel Imports Won’t Cut US Pump Prices Before Midterms
- note.com — October 10, 2026 | Market Commentary | Can Stock Prices Continue to Rise Even with US Long-Term Interest Rates Above 5%? Focus on Major Bank Earnings and …
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Oil prices near 6-week highs on US-Iran attacks
Oil prices remain near six-week highs amid US-Iran conflict and Middle East crude exports rebounding to 98% of pre-war levels. Crude flows through Hormuz are at 76% of pre-war levels. The surge in oil prices has impacted crypto markets, with Bitcoin falling below $84,000. US stock index futures have also declined due to inflation concerns fueled by high oil prices and Treasury yields.
Why it matters
The ongoing US-Iran conflict continues to drive market volatility, with global implications for oil supply and prices. The conflict has led to increased tensions in the Middle East, affecting crude exports and prices. The situation remains uncertain, with various factors influencing market sentiment.
What is confirmed
- Oil prices climbed on continued worries about global supply and record tanker attacks in the Middle East.
- Crude flows through Hormuz are at 76% of pre-war levels.
- Bitcoin fell below $84,000 as oil climbed on Iranian tanker attacks.
- US stock index futures fell on Thursday as oil prices soared and Treasury yields hovered near multi-year highs.
Still unconfirmed
- ETF outflows jumped
What to watch next
- US earnings season
- US Federal Reserve rate policy
- France's fiscal condition
confidence 85%Sources used for this update (5)
- www.coindesk.com — Bitcoin slips below $84,000 as oil rally hits crypto, layer-2 tokens lead losses: Crypto Markets Today
- www.cnn.com — Oil prices jump amid record tanker attacks in Hormuz - CNN
- themarketperiodical.com — Bitcoin Price Prediction as ETF Outflows, Crude Oil, and US Bond Yields Jump
- www.marketscreener.com — Wall St futures decline as oil surge, high yields stoke inflation worries
- www.channelnewsasia.com — World shares, euro slide as high oil prices, fiscal worries linger
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Oil prices near 6-week highs on US-Iran conflict
Oil prices remain near six-week highs despite Middle East crude exports rebounding to 98% of pre-war levels. Crude flows through Hormuz are at 76% of pre-war levels, with diesel shortages persisting. The US-Iran conflict continues to drive market volatility, with Saudi Arabia cutting oil prices and the dollar index reaching a 1.5-year high.
Why it matters
The ongoing US-Iran conflict has led to increased costs for fuel, energy, and mortgages. Market volatility persists due to concerns over Middle East supply disruptions. Oil product exports continue to lag, with diesel shortages reported.
What is confirmed
- Crude flows through Hormuz averaged about 10.3 million barrels a day, 76% of prewar levels.
- Middle East crude exports have rebounded to 98% of pre-war levels.
- Oil prices remain close to $100 a barrel.
- The dollar index reached a 1.5-year high.
Still unconfirmed
- Houthi attacks on Riyadh airport
What to watch next
- US-Iran conflict developments
- Saudi Arabia's oil production levels
- Global economic impact of sustained high oil prices
confidence 85%Sources used for this update (10)
- investinglive.com — Reports that Hormuz crude flows near 76% of prewar levels. Diesel shortage persists.
- finance.yahoo.com — Crude Oil Prices Weaken on Dollar Strength and Saudi Price Cuts
- finance.yahoo.com — Crude Oil Prices Fall on Dollar Strength and Saudi Price Cuts
- timesofindia.indiatimes.com — Oil prices hover near $100 as Middle East supply holds up ...
- gulfnews.com — US-Iran conflict: Iran conflict: White House denies Trump urged US city attacks as Houthis claim Riyadh airport strike
- www.bastillepost.com — Wall Street rallies toward an all-time high
- www.atalayar.com — Gustavo de Arístegui: Análisis geopolítico del 6 de octubre
- www.briefs.co — Car Buyers Are Stretching Loans To 7 Years And Beyond, Yet Payments Hit New Highs
- www.mitrade.com — Canadian Dollar seems vulnerable near April 2025 lows amid weak oil prices, bullish USD
- www.cnbctv18.com — Brent near $100; Oil steadies as West Asia exports rise and Saudi Aramco cuts prices - CNBC TV18
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Middle East crude exports reach 98% of pre-war levels
Oil prices stay near six-week highs as Middle East crude exports rebound to a 10-day average of 17.5 million barrels per day. JPMorgan analysts report this volume represents 98% of pre-war levels. While crude flows have recovered, oil product exports continue to lag. Market volatility persists due to the US-Iran conflict, which has already increased costs for fuel, energy, and mortgages despite the recovery in crude shipments.
Why it matters
US naval escorts and expanded Gulf pipelines helped restore crude flows through the Strait of Hormuz. Geopolitical risks and high tanker insurance costs continue to pressure the market. Ongoing diplomatic efforts have yet to produce a resolution to the conflict.
Still unconfirmed
- Middle East crude oil exports reached a 10-day average of 17.5 million barrels per day, or 98% of pre-war levels, according to JPMorgan analysts.
- Oil product exports from the Middle East are still lagging behind crude recovery.
What to watch next
- Diplomatic breakthroughs in US-Iran negotiations
- Changes in tanker insurance pricing
- Recovery levels of refined oil product exports
confidence 80%Sources used for this update (4)
- seekingalpha.com — Middle East crude exports recover to near pre-war levels but oil products still lag, analysts say
- note.com — Decoupling of Employment Slowdown and High US Long-Term Interest Rates: October FOMC Pause Expectations and Market Outlook for the CPI Prelude (Octo…
- note.com — The Bond Market Is Beyond My Control: A Week When US, UK, and French Government Bonds Were Sold Off Simultaneously [Weekly Global Insight] Vol. 69 (…
- www.audacy.com — Asian shares mixed after global bond sell-off deepens and ahead of US jobs data - Audacy,Radio & Podcasts
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Oil prices near 6-week highs amid US-Iran conflict
Oil prices remain near six-week highs as the US-Iran conflict continues. Crude flows through the Strait of Hormuz have recovered to near pre-war levels, aided by US naval escorts and expanded Gulf pipelines. However, tanker insurance costs and geopolitical risks remain. The conflict has led to increased energy, fuel, and mortgage payments. Diplomatic efforts are ongoing, but no resolution is in sight.
Why it matters
The US-Iran conflict has been ongoing for seven months, with traders weighing the potential for diplomatic efforts or further escalation. The conflict has impacted oil prices, with crude oil and gasoline prices sharply higher. The Strait of Hormuz, a critical waterway for oil exports, has been a focal point of tensions.
What is confirmed
- Crude flows through the Strait of Hormuz have recovered to near pre-war levels of around 13.5m bpd.
- The conflict has led to increased energy, fuel, and mortgage payments for consumers.
- US President Donald Trump expects talks with Iran to resume.
- Iran's leverage in the Strait of Hormuz has decreased due to support from the US Navy for Gulf oil producers.
Still unconfirmed
- Trump says Iran war will end 'very soon' and oil prices will drop significantly.
- Iran is ready to fold up according to Trump.
What to watch next
- US response to Iran's counterproposal
- Decisions on further US troop deployments to the Middle East
- Impact of the conflict on global oil supplies and prices
confidence 75%Sources used for this update (13)
- www.rte.ie — How much have energy, fuel and mortgage payments increased since Iran war?
- edition.cnn.com — Iran has lost considerable leverage in the Strait of Hormuz. It can’t go on like this forever | CNN Bus....
- www.aljazeera.com — ‘Economic war’: Is Iran losing its leverage over the Strait of Hormuz? | US-Israel war on Iran News
- www.briefs.co — Hormuz Exports Near Prewar Levels After U.S. Escorts and Pipeline Reroutes
- www.yahoo.com — Iran says it's considering ceasefire counterproposal
- www.iranintl.com — Trump says Iran war will end ‘very soon’
- finance.yahoo.com — Crude Prices Erase an Early Rally on US-Iran Diplomacy Speculation
- www.mitrade.com — United States Dollar Index sits near March 2025 highs, above 102.00 ahead of US NFP
- gulfnews.com — US-Iran conflict: What UAE residents need to know today (Oct. 2, 2026)
- www.mitrade.com — WTI holds steady near $92.00 as US weighs sending more troops to Middle East
- www.yahoo.com — Trump says Iran "ready to fold up"
- foreignpolicy.com — Oil Is Again Flowing Out of Hormuz
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Crude Prices Jump as US-Iran Peace Talks Remain Elusive
Crude oil and gasoline prices are sharply higher, with gasoline posting a four-month high and oil prices moving back toward recent highs around $110 per barrel. November WTI crude rose 2.41% and November RBOB gasoline rose 1.88%. The conflict with Iran has reached the seven-month mark, leaving traders to weigh conflicting signals over whether diplomatic efforts or further escalation will prevail. President Donald Trump expects talks to resume despite neither side signaling willingness to change demands, while Iran states that Trump must choose between war and diplomacy.
Why it matters
The ongoing hostilities between the United States and Iran continue to drive volatility in global energy markets, putting upward pressure on inflation and currency yields. Markets remain sensitive to diplomatic developments as intermediaries attempt to bridge the gap between Washington and Tehran. Meanwhile, regional actors are adjusting to the disruption, with Iranian state TV analysts noting the UAE has found ways to blunt Iran's ability to disrupt oil traffic through the Strait of Hormuz.
What is confirmed
- November WTI crude oil is up +2.18 or +2.41%, and November RBOB gasoline is up +0.0607 or +1.88%.
- The war with Iran has reached the seven-month mark.
- President Donald Trump confirmed that American and Iranian negotiators exchanged messages through mediators on Monday.
- Lee Hardman at MUFG highlights that oil prices have risen back towards recent highs around USD110 per barrel.
Still unconfirmed
- Iran is waiting on United States midterm elections to cut a deal, according to President Donald Trump.
- The UAE has found ways to blunt Iran's ability to disrupt oil traffic through the Strait of Hormuz by exploiting maritime tactics.
What to watch next
- Whether formal diplomatic talks resume between American and Iranian negotiators.
- Further movements in WTI crude and RBOB gasoline prices relative to the $110 per barrel threshold.
- Any shifts in regional shipping security through the Strait of Hormuz.
confidence 90%Sources used for this update (10)
- finance.yahoo.com — Crude Prices Jump as US-Iran Peace Talks Elusive
- www.iranintl.com — UAE outmaneuvers Iran’s Hormuz strategy, state TV analysts say
- www.zerohedge.com — Futures Slide As Oil Jumps, Bond Selloff Resumes After Trump Spurns Iran Offer | ZeroHedge
- www.cbsnews.com — Live Updates: Iran says Trump must choose between war or...
- finance.yahoo.com — Crude Oil Prices Pressured by Diplomatic Hopes in the Middle East
- www.yahoo.com — Iran says it's up to Trump to choose between war and diplomacy
- www.marketscreener.com — Oil falls $1 on better supply outlook, hopes for US-Iran talks
- malaysia.news.yahoo.com — I'm Surprised How Mixed I Feel About GTA 6
- www.mitrade.com — Oil: Higher prices drive yields and Dollar – MUFG
- www.yahoo.com — Iran ‘miscalculating’ by betting on midterms after 3-hour talks, Trump officials warn
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Oil prices hit one-week high after Houthi missile strikes in Saudi Arabia
Oil prices rose to a one-week high following six ballistic missiles fired by Yemen's Houthis at the Yanbu and Taif areas of Saudi Arabia on Thursday. Diesel prices reached an all-time high of $6.51 a gallon, though gasoline stabilized at $4.48. In response to the energy crisis caused by conflicts in Ukraine and the Middle East, European governments are implementing taxes, subsidies, and policy pauses to protect citizens and companies. Meanwhile, Bank of England governor Andrew Bailey warned that lasting high oil and gas prices could force interest rate hikes.
Why it matters
The price volatility occurs during Operation Epic Fury, a US-led conflict with Iran. President Donald Trump has previously stated he must decide between a deal or the annihilation of Iran. US lawmakers are currently pressing the administration to penalize Chinese firms for supporting Iranian oil trade.
What is confirmed
- Yemen's Houthis fired six ballistic missiles at the Yanbu and Taif areas in Saudi Arabia on Thursday.
- Diesel prices hit an all-time high of $6.51 a gallon.
- Gasoline prices stabilized near $4.48.
- European governments are using subsidies, taxes, and policy changes to offset energy costs.
Still unconfirmed
- Bank of England governor Andrew Bailey says high oil and gas prices would make it hard to resist pressure to raise interest rates.
- US lawmakers are pressing President Trump to punish Chinese firms for alleged support of Iran.
What to watch next
- US response to Chinese firms supporting Iran oil trade
- Further Houthi missile activity in Saudi Arabia
- Bank of England interest rate decisions based on energy costs
confidence 90%Sources used for this update (5)
- www.theguardian.com — UK consumer confidence hits two-year high, but ‘Burnham bounce’ may be fading – business live
- www.newsday.com — Europe uses subsidies, taxes and policy pauses to offset pain of high fuel prices
- oilprice.com — Beijing's Iran Oil Trade Draws Fresh Criticism From Capitol Hill
- eaworldview.com — UPDATES: US War on Iran, Day 211 — Houthis Fire Missiles on Saudi Arabia
- www.topspeed.com — Diesel Prices Just Hit A Record While Gas Stabilized, And Truck And SUV Owners Feel It Most
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Trump weighs deal or annihilation of Iran as oil prices dip
Oil prices settled lower with Brent near $99 and WTI around $95 as Saudi Arabia restarted its East-West pipeline and flows through the Strait of Hormuz increased. President Donald Trump told the UN General Assembly that Iran is losing power during Operation Epic Fury, but stated he faces a decision to either reach a deal or "annihilate" Iran. While US and Iranian officials have held talks, Trump continues to label Iran the "number one sponsor of terror" amidst ongoing regional instability.
Why it matters
The market is reacting to the balance between military escalation and diplomatic efforts. Previous Houthi strikes on Riyadh and Yanbu had threatened Saudi infrastructure, though exports remained above 4 million barrels per day.
What is confirmed
- President Donald Trump told the UN General Assembly he must decide whether to make a deal or "annihilate" Iran.
- Brent crude settled near $99 and WTI around $95.
- Saudi Arabia restarted its East-West pipeline.
- Trump described Iran as the "number one sponsor of terror" and stated it is losing power during Operation Epic Fury.
Still unconfirmed
- US and Iranian officials have held talks.
- Crude oil collapsed from $97 to the $93 range during a single day.
What to watch next
- Trump's final decision on a deal versus military action against Iran
- US PMI data results
- Further recovery of Saudi oil infrastructure flows
confidence 90%Sources used for this update (4)
- www.foxnews.com — Trump tells UN he has 'big decision to make' in US-Iran war
- note.com — [USD/JPY] 157 yen range despite 5-day crude oil decline | Tonight's US PMI is the litmus test
- investinglive.com — Recap: Oil settles lower as Saudi flows recover and US, Iran hold talks
- www.nytimes.com — U.N. Live Updates: As Trump Threatens Iran, Other Leaders Warn of Deep Divisions
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Oil prices dip but stay above $100 as China mediates Saudi-Iran tensions
Brent crude fell to between $101.71 and $101.80 on 21 September 2026, marking its lowest price since 10 September. Prices declined after China, acting on a request from Saudi Arabia, urged Iran to stop Houthi attacks on Saudi oil infrastructure. Despite Houthi strikes on Yanbu and Riyadh, Saudi exports remained above 4 million barrels per day. Market sentiment is currently split between hopes for Middle East diplomacy and fears of escalation, while U.S. diesel prices have climbed above $6.50 a gallon.
Why it matters
The energy market is reacting to a volatile conflict involving the U.S., Iran, and Houthi rebels. President Trump has warned of a major decision regarding the Iran war, while Tehran has threatened to expand the geography of the conflict. These geopolitical risks compete with global monetary tightening and inflation concerns.
What is confirmed
- Brent crude oil fell to $101.71 on 21 September 2026.
- China urged Iran to restrain Houthi attacks on Saudi oil at the request of Saudi Arabia.
- Saudi exports exceeded 4 million barrels per day despite Houthi strikes on Yanbu and Riyadh.
- U.S. diesel prices rose above $6.50 a gallon.
Still unconfirmed
- Tehran claims any new aggression from the U.S. will be met with different weapons in new places.
- European benchmark gas fell 3.7% to 76.58 euros a megawatt-hour.
- Copper futures rose 0.6% to $14,646 a metric ton.
What to watch next
- President Trump's meeting with leaders from six Gulf countries at the UN General Assembly
- The specific nature of the looming U.S. decision regarding the Iran war
confidence 90%Sources used for this update (6)
- finance.biggo.com — China Mediates at Saudi Arabia's Request; Oil Prices Pull Back But Hold Above $100
- financefeeds.com — Brent Crude Oil Price: $101.71 After the Houthis Hit Riyadh and Yanbu – Why Oil Fell Anyway, and the Bull and Bear Levels From Here
- www.cbsnews.com — Live Updates: Iran warns "geography of the war" would expand in response to any new U.S. assault
- www.marketscreener.com — U.S. Diesel Climbs New Highs Above $6.50 a Gallon -- Commodities Roundup
- hdfcsky.com — Prime Research Commodity Weekly Report: 21 September 2026
- finance.biggo.com — Gold Retreats as Middle East Diplomacy Hopes Temper Haven Demand
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Oil Prices Retreat on Middle East Hopes as Trump Weighs Iran Options
Crude oil prices retreated on Friday following hopes that diplomacy could end Middle East hostilities and lead to a recovery in energy exports, though markets remain under pressure from surging energy and borrowing costs. October WTI crude oil closed down 1.61 dollars, or 1.58 percent, while October RBOB gasoline closed up 0.0203 dollars, or 0.58 percent. President Donald Trump stated a big decision is coming up for the United States regarding the Iran war and warned he could annihilate the regime. Trump is scheduled to meet with leaders from six Gulf countries during the upcoming United Nations General Assembly in New York City.
Why it matters
Energy markets face a volatile mixture of rising oil prices, higher global borrowing costs, and geopolitical strains stemming from the conflict with Iran. China managed to blunt the initial price shock of the Iran war using its oil reserves and lower imports ahead of upcoming talks between President Donald Trump and Xi Jinping. Meanwhile, Saudi-Houthi clashes have forced shipments to reroute via Oman, easing some supply fears even as pipeline risks persist.
What is confirmed
- October WTI crude oil closed down 1.61 dollars, or 1.58 percent, on Friday.
- October RBOB gasoline closed up 0.0203 dollars, or 0.58 percent, on Friday.
- President Donald Trump is set to meet with leaders from six Gulf countries on the sidelines of the upcoming United Nations General Assembly in New York City.
- China used its oil reserves and lower imports to soften the Iran war's impact on crude prices ahead of talks between Trump and Xi Jinping.
Still unconfirmed
- President Donald Trump stated that a big decision is coming up for the United States on the Iran war and warned he could annihilate the regime.
- The United States, Denmark, and Greenland are expected to sign an agreement strengthening Arctic and North Atlantic security next week.
- President Donald Trump claimed on Truth Social that the United States reached an agreement giving Washington permanent control over security in Greenland.
What to watch next
- Outcome of President Donald Trump's meetings with Gulf country leaders at the United Nations General Assembly
- The formal signing of the proposed Greenland security agreement during upcoming UN events
- Developments in Saudi-Houthi clashes and shipment rerouting through Oman affecting crude supplies
confidence 95%Sources used for this update (7)
- www.cbsnews.com — Ross Fire 100% contained after over 3 weeks, 90,000 acres scorched and more than 150 structures destroyed
- www.foxnews.com — Trump says ‘big decision coming up’ for US on Iran war, as he warns he could ‘annihilate’ regime
- www.aol.com — Rising oil, rates and yields brew up stagflation cocktail for markets
- www.briefs.co — U.S. Oil Ticks Higher as Saudi-Houthi Clashes Meet Signs of Rerouted Supply
- jen.jiji.com — Trump says US reached Greenland security deal ahead of expected signing
- www.indiatoday.in — China's oil stockpile helped blunt Iran war price shock ahead of Trump-Xi talks
- finance.yahoo.com — Crude Prices Retreat on Hopes Middle East Energy Exports to Recover
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Oil Prices Hold Near Highs as Costs and War Crimes Claims Mount
Crude oil prices hold near six-week highs while the Pentagon reports the Iran conflict has cost the United States military at least $33.4 billion, primarily on munitions. Meanwhile, United Nations-commissioned rights experts state there are reasonable grounds to believe the United States committed war crimes through strikes that killed scores of Iranian civilians. President Donald Trump asserts that Iran wants a deal and that the Ukraine conflict will end soon, even as Russian Foreign Minister Sergei Lavrov notes no concrete results are expected from United States contacts.
Why it matters
The mounting financial and human toll of the conflict compounds economic pressures following the Federal Reserve's recent interest rate hike. Concurrently, broader geopolitical tensions remain elevated as Congress advances a sweeping Russia sanctions bill targeting energy revenues, while diplomatic efforts regarding Ukraine produce friction.
What is confirmed
- The Pentagon states the Iran war has cost the U.S. military at least $33.4 billion, mostly on munitions, excluding hundreds of millions spent by other agencies.
- U.N.-commissioned rights experts state there are reasonable grounds to believe the U.S. committed war crimes with strikes that killed scores of Iranian civilians.
- A sweeping Russia sanctions bill is headed to President Donald Trump's desk to squeeze Moscow's energy revenues and pressure buyers of Russian oil and gas, according to US Senator Jeanne Shaheen.
- Donald Trump stated at a rally in North Carolina that the conflict in Ukraine will end soon and that US officials are working hard to end it.
Still unconfirmed
- Donald Trump stated that Iran wants a deal.
What to watch next
- Implementation and market impacts of the Russia sanctions bill headed to President Donald Trump's desk
- Further official responses to the United Nations war crimes allegations regarding U.S. strikes in Iran
- Developments in diplomatic efforts concerning the conflicts in Ukraine and Iran
confidence 90%Sources used for this update (4)
- www.yahoo.com — White House backs Hegseth as new details come out about Iran war's cost
- www.cbsnews.com — Iran War Updates: U.N. panel cites possible U.S. war crimes as Trump again says Iran wants a deal
- www.rferl.org — US Senator Jeanne Shaheen: ‘Putin Is Trying To Wait Us Out’
- www.agcnews.eu — #UKRAINERUSSIAWAR. Russia goes to the polls. Lavrov: “At the moment, no concrete results are expected from contacts with the United States.” Lyman remains a grey area.
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Fed Hikes Rates as Oil Nears $108 and House Passes Iran Resolution
Crude oil approaches $108 per barrel while the Federal Reserve raises its benchmark interest rate for the first time since 2023 to combat high inflation. In Washington, the House of Representatives passes an Iran war powers resolution with bipartisan backing as seven Republicans join Democrats. Meanwhile, US stock indexes trade mixed ahead of the central bank decision, and energy shares retreat as easing oil prices offer some relief to the broader market.
Why it matters
The central bank move follows months of supply shocks driven by drone strikes that forced Saudi Arabia to shut down its Petroline route near Hormuz. At the same time, Treasury yields have climbed above 5 percent amid mounting economic pressure from the Middle East conflict.
What is confirmed
- The Federal Reserve raised its benchmark interest rate for the first time since 2023 to address high inflation.
- Seven Republicans joined 213 voting Democrats to pass an Iran war powers resolution in the House of Representatives.
- Rep. Nancy Mace, Mariannette Miller-Meeks, and Zach Nunn were among the Republicans who voted in favor of the resolution.
Still unconfirmed
- Oil approaches $108 per barrel while the S&P 500 remains near 7,600 and the 10-year Treasury yield rises above 5 percent.
What to watch next
- Federal Reserve Chair Kevin Warsh's commentary following the rate decision
- Further votes or Senate action regarding the Iran war powers resolution
confidence 90%Sources used for this update (6)
- economictimes.indiatimes.com — FED Meeting Live | Dow Jones Futures | US Stock Market Live: US stocks trade higher ahead of much-anticipated Fed rate decision
- www.foxnews.com — 3 more Republicans back Iran war powers resolution; new report details brutal regime crackdown
- www.wsls.com — The Latest: Federal Reserve defies Trump, hikes key interest rate for first time in 3 years
- www.mycentraloregon.com — Federal Reserve expected to raise interest rates for the first time since 2023
- www.yahoo.com — Complaints near school zones lead to prostitution sting in north Harris County
- www.fxempire.com — S&P 500 Forecast: $100 Oil and Treasury Yields Threaten Key 7,500 Level
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Oil Prices Jump as Saudi Petroline Shuts Following Drone Strikes
Crude oil prices rally sharply as supply disruptions grip global markets, driven by drone strikes that forced Saudi Arabia to shut down its Petroline route around Hormuz. West Texas Intermediate trades just above $100 per barrel, gaining about 3% on the day toward a third straight weekly increase. Meanwhile, US equity indexes retreat as benchmark bond yields hit a 19-year high ahead of a widely anticipated Federal Reserve rate increase. Russia has increased its seaborne crude exports to average 3.54 million barrels per day as Middle East disruptions and a US blockade tighten global supplies.
Why it matters
The closure of key transport infrastructure in Saudi Arabia compounds existing Red Sea shipping vulnerabilities caused by ongoing Houthi rebel attacks. Saudi leadership is actively seeking regional backing from Egypt to counter these threats. Concurrently, broader financial pressures mount as central banks manage wide policy gaps, and markets position themselves for monetary tightening.
What is confirmed
- West Texas Intermediate Crude Oil trades just above $100.00 per barrel, up about 3% on the day.
- Saudi Arabia shut its route around Hormuz and the Petroline is offline following drone strikes.
- US equity indexes retreated as benchmark bond yields hit a 19-year high ahead of a Federal Reserve rate increase.
- Russian seaborne crude exports average 3.54 million barrels per day as Middle East disruptions tighten supply.
Still unconfirmed
- Bets are high about a 25 BPS US Fed rate hike from the September 2026 meeting.
confidence 50%Sources used for this update (7)
- www.europesays.com — Crude Oil rallies again as Saudi Arabia’s route around Hormuz shuts
- finance.yahoo.com — Update: US Equity Indexes Retreat as Benchmark Bond Yield Hits 19-Year High Ahead of Fed Rate Increase While Crude Oil Prices Jump
- www.clickorlando.com — Saudi crown prince seeks Egypt’s backing as Houthi attacks rattle Red Sea oil routes
- www.tradingnews.com — USD/JPY (155.09) Faces 275bp Policy Gap as BOJ Prepares 31-Year-High Rate — Close Below 154 Opens 153.40
- www.briefs.co — Russia Boosts Crude Exports as Middle East Disruptions Push Oil Prices Higher
- discoveryalert.com — Oil ETFs Surge as Drone Strikes Force Petroline Offline
- www.livemint.com — LIVE: US Fed Reserve FOMC Meeting Rate Decision Outcome Today: Time, schedule, LIVE streaming, Kevin Warsh announcement
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Brent Crude Nears $107 as Gulf Conflict Intensifies
Brent crude is approaching $107 per barrel amid escalating clashes between Iran-backed Houthi rebels and government forces in Yemen. These hostilities include Houthi strikes on Saudi Arabia and attacks along the Red Sea. Market pressure is mounting as US diesel prices exceed $6 a gallon and the US dollar strengthens. Simultaneously, investors are pricing in an 88% chance of a Federal Reserve rate hike this Wednesday following a 0.3% rise in August core CPI, while gold prices have slipped to near $4,340.
Why it matters
Saudi Arabia previously closed its East-West pipeline in Medina and Riyadh after September 10 attacks. The International Energy Agency previously warned that falling inventories could cause supply shortfalls into 2027. Current instability in the Gulf threatens critical oil transit routes.
What is confirmed
- Brent crude is nearing $107.
- US diesel prices are above $6 a gallon.
- Iran-backed Houthis have launched attacks on Saudi Arabia.
- The US dollar is strengthening against the euro.
- August core CPI rose 0.3%.
Still unconfirmed
- Donald Trump claims Houthis asked the US not to target them.
- Market odds of a September Fed hike are at 88%.
- Gold is hovering near $4,340.
What to watch next
- The Federal Reserve interest rate decision on Wednesday
- Further Houthi activity along Red Sea oil routes
- Official updates on the status of the Saudi East-West pipeline
confidence 90%Sources used for this update (8)
- www.briefs.co — Trump says Houthis asked US not to hit them as Gulf tensions climb
- www.briefs.co — SGX Seeks CFTC Green Light To Offer Crypto Perpetuals to US Institutions
- www.briefs.co — Gold Slips as Hotter US Inflation Lifts Odds of September Fed Hike
- www.clickondetroit.com — Fighting in Yemen intensifies, and Houthis launch more attacks on Saudi Arabia
- www.cnbc.com — Stock futures are little changed as traders eye rising oil prices and rates: Live updates
- www.businesstimes.com.sg — Dollar ticks up as oil prices climb, Fed rate hike chances firm
- wtop.com — AI stocks drop, but the rest of Wall Street holds steadier after oil prices give back an early jump
- www.cnbc.com — Dollar ticks higher as oil prices climb, Fed rate hike chances firm
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Saudi Arabia closes East-West pipeline after attacks as US diesel tops $6
Saudi Arabia's Ministry of Energy ordered a precautionary closure of the East-West pipeline in the Medina and Riyadh regions following multiple attacks on September 10, 2026. The strikes caused several injuries. This infrastructure disruption coincides with US diesel prices averaging over $6 a gallon due to the conflict with Iran. While the International Energy Agency has cut its oil demand outlook by 2.5m bpd, it warns that plunging inventories could lead to a supply shortfall extending to 2027 as Brent crude exceeds $100.
Why it matters
The East-West pipeline, also known as Petroline, is a critical artery for Saudi oil exports. These attacks follow the seizure of Mayun island and the port of Mokha by Iran-backed Houthi rebels. Market instability is compounded by US Treasury yields approaching 5% amid high inflation.
What is confirmed
- The Saudi Arabian Ministry of Energy closed the East-West pipeline in the Riyadh and Medina regions as a precaution after multiple attacks on September 10, 2026.
- The attacks on the Saudi pipeline resulted in several injuries.
- US diesel prices have surpassed $6 a gallon on average.
- The International Energy Agency trimmed 2024 oil demand by 2.5m bpd.
- US Treasury yields are approaching 5%.
Still unconfirmed
- Markets price a 90% chance of a Federal Reserve rate hike next week.
- Brent crude is climbing above $100.
What to watch next
- Official Saudi reports on the integrity of the East-West pipeline
- Federal Reserve interest rate decision next week
- IEA updates on global oil inventory levels
confidence 90%Sources used for this update (6)
- www.briefs.co — Yields Near 5% As Markets Bet On Fed Hike Next Week
- jen.jiji.com — Saudi Arabia closes East-West pipeline after multiple attacks
- jen.jiji.com — Kazakhstan’s vegetable oil exports rise 46%
- www.arkansasonline.com — Diesel in US soars past $6 a gallon
- www.briefs.co — IEA Cuts Oil Demand Outlook and Flags Deeper Supply Crunch
- sg.news.yahoo.com — The shock Houthi mission to strangle global oil
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US Diesel Hits Record Highs as Houthi Advance Threatens Trade Route
US diesel prices have surpassed $6 a gallon on average as the conflict with Iran disrupts fuel flows. While October WTI crude oil recently hit a 3.5 month high following a 6.7% rally, prices have since fallen by 2.90% after the International Energy Agency forecast a sharp drop in oil demand. Market volatility persists as US Treasury yields approach 5%, increasing expectations that the Federal Reserve will raise interest rates. Meanwhile, Iran-backed Houthi rebels have seized the port of Mokha and Mayun island in Yemen.
Why it matters
The Bab el-Mandeb Strait is a critical global trade route now threatened by Houthi advances. These energy shocks increase inflation and pressure the Federal Reserve to balance wartime economic instability with rate policy. President Donald Trump previously indicated the conflict may last until after the November 3 midterm elections.
What is confirmed
- US diesel prices have averaged over $6 a gallon.
- October WTI crude oil fell 2.90% following a 6.7% rally to a 3.5 month high.
- Houthi rebels captured the Red Sea port of Mokha and Mayun island.
Still unconfirmed
- US Treasury yields approaching 5% are raising market expectations of a Federal Reserve rate hike.
- The International Energy Agency warned of a sharp drop in oil demand.
What to watch next
- The Federal Reserve's upcoming policy decision on interest rates
- The November 3 midterm elections
- Further Houthi movement within the Bab el-Mandeb Strait
confidence 90%Sources used for this update (4)
- www.livemint.com — Pulse of the Street: oil surge and rate hike fears trigger a market sell-off
- www.clickorlando.com — US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods
- www.chicoer.com — The Houthi advance in Yemen raises concerns about a key shipping choke point
- finance.yahoo.com — Crude Prices Fall Back After IEA Forecasts Sharp Drop in Oil Demand
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Oil Holds Near Six-Week Highs on US-Iran Strikes
Crude oil prices hold above $100 per barrel, reaching a 15-week high following intensified hostilities between the United States and Iran. The surge in energy costs stokes global inflation fears, dragging down equity markets and driving up safe-haven assets like gold, which steadies near $4,400. President Donald Trump stated that the conflict is unlikely to conclude until after the November 3 midterm elections, offering little immediate relief for motorists facing elevated gasoline prices. Meanwhile, the Federal Reserve faces a complicated upcoming decision amid these wartime economic pressures.
Why it matters
The ongoing six-month conflict has escalated into the largest wave of tit-for-tat attacks on shipping since the war began. Heightened instability in the Middle East threatens vital trade corridors, highlighted by the seizure of a Red Sea port. Markets are closely monitoring both military actions in the region and upcoming monetary policy decisions as energy supplies remain vulnerable.
What is confirmed
- Crude oil prices hit a 15-week high of $100 per barrel after the U.S. destroyed five Iranian oil tankers.
- President Donald Trump stated that the Iran conflict is unlikely to conclude until right after the November 3 midterm elections.
- Gold prices steadied near $4,400 and silver held above $66 as markets braced for a Federal Reserve decision.
- The conflict marks the biggest declared wave of tit-for-tat attacks on shipping since the start of the six-month-old war.
Still unconfirmed
- Iran-backed Houthis have seized control of a Red Sea port in Yemen, raising fears of supply route paralysis.
What to watch next
- Federal Reserve interest rate decisions and subsequent market reactions
- Developments in the Strait of Hormuz and Red Sea shipping routes
- Further military escalations between U.S. forces and the Islamic Revolutionary Guard Corps
confidence 100%Sources used for this update (5)
- www.yahoo.com — Oil hits $100 per barrel as U.S. and Iran launch new attacks
- timesofindia.indiatimes.com — US Iran War Live Updates: Saudi Civil Defence issues all-clear after alert in southwestern Khamis Mushait
- www.indiainfoline.com — Gold Price Steadies Near $4,400, Silver Holds Above $66 as Markets Brace for a Fed Decision Complicated by War
- www.foxnews.com — Trump gives timeline for when Iran war will end and prices fall
- www.dailymail.com — Oil prices surge as Houthis seize Red Sea port amid growing fears Iran-backed rebels will paralyse supply route vital for the West
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Oil Holds Above $100 as US-Iran Shipping Attacks Intensify
Crude oil prices continue to hold above $100 per barrel, driven by escalating conflict between the US and Iran that has triggered the largest wave of attacks on shipping since the war began. Global equity markets are retreating as the crude price surge stokes inflation fears, following steep losses on Wall Street. President Trump stated that the Iran conflict is unlikely to conclude until right after the November 3 midterm elections, signaling that motorists will not see significant relief from elevated gasoline prices before then.
Why it matters
The ongoing hostilities between the US and Iran have directly disrupted maritime trade, sending energy costs soaring and destabilizing broader financial markets. Analysts previously noted room for further price increases as the conflict threatens prolonged supply disruptions. US markets previously faced additional pressure from a tariff dispute between the US and Canada.
What is confirmed
- Brent crude climbed as high as $101.94 per barrel.
- World shares and Asian stocks retreated following Wall Street losses due to inflation fears from the oil surge.
- Iran and the US hit tankers in the biggest wave of attacks on shipping since the war began.
Still unconfirmed
- President Trump stated that the Iran war likely will not end until right after the November 3 midterm election and that motorists will not see significant gas price relief before then.
What to watch next
- Further tanker attacks or security developments in the shipping lanes
- Official timeline updates regarding the duration of the US-Iran conflict
- US midterm election developments on November 3, 2026
confidence 100%Sources used for this update (4)
- seekingalpha.com — Trump says motorists likely will not see lower gas prices until after midterm elections
- www.hawaiitribune-herald.com — Iran and US hit tankers in biggest wave of attacks on shipping since war began
- www.news4jax.com — World shares retreat and oil prices trade above $100 a barrel
- www.businesstimes.com.sg — Asian stocks fall as oil price surge stokes inflation fears
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Oil prices hit $100 per barrel as US-Iran conflict escalates
Brent crude jumped 3% to top $100 per barrel on Wednesday, marking the highest price levels since July. Rising costs are weighing on US markets, with the Dow Jones Industrial Average losing 320 points, the Nasdaq composite falling 0.5%, and the S&P 500 dropping 0.3%. The surge follows fighting between the US and Iran and fears of prolonged supply disruptions. Goldmans Sachs analysts indicate room for prices to climb further. Meanwhile, US stock futures faced additional pressure from a tariff dispute between the US and Canada.
Why it matters
The Strait of Hormuz is a critical chokepoint for global oil shipments. Tensions are rising as Iran implements a new restricted maritime zone outside the strait and introduces the Qassem Basir ballistic missile.
What is confirmed
- Global oil prices reached $100 per barrel.
- The Dow Jones Industrial Average fell 320 points.
- The S&P 500 dropped 0.3% and the Nasdaq composite fell 0.5%.
- Brent crude prices increased by 3%.
Still unconfirmed
- Iran's new Qassem Basir ballistic missile reflects a shift in its military doctrine.
- Iran is establishing a new restricted maritime zone outside the Strait of Hormuz.
- The UAE warns that no single state should control the Strait of Hormuz.
What to watch next
- Further movement in Brent crude prices following Goldman Sachs projections
- Developments in the US-Canada tariff war
- Official confirmation of Iran's new maritime zone boundaries
confidence 90%Sources used for this update (7)
- finance.biggo.com — U.S.-Iran Conflict Drives Oil Prices Higher, Dow Futures Plunge Over 300 Points as U.S.-Canada Tariff War Adds New Uncertainty
- timesofindia.indiatimes.com — US Iran War Live Updates: UAE warns no single state should control Strait of Hormuz
- apnews.com — Asian shares and US futures are mixed, while oil prices creep higher
- enterpriseam.com — THIS MORNING: Adnoc eyes stakes in refineries in Africa and Thailand + Goldman Sachs sees room for oil to climb higher still
- www.dailynews.com — Oil prices keep rising and weigh on Wall Street
- www.cnn.com — Global oil prices hit $100 per barrel as Middle East conflict roils markets
- economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: Dow Jones falls 300 points as oil price crosess $100
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Oil prices hold above $92 as US and Iran exchange ship attacks
Crude oil prices are holding near three-month highs above $92 per barrel following a series of ship attacks exchanged between the US and Iran. The market is seeing its steepest weekly gain since mid-July as traders fear supply disruptions in the Middle East and the Strait of Hormuz. While prices rose slightly in recent trading, the escalating conflict has triggered broader economic anxiety, contributing to a 300-point drop in Dow futures to start a shortened trading week.
Why it matters
The Strait of Hormuz is a critical chokepoint for global energy supplies. Continued military strikes on maritime vessels threaten to destabilize global oil distribution. This volatility coincides with separate trade tensions between the US and Canada.
What is confirmed
- Oil prices remain above $92 per barrel.
- The US and Iran have traded strikes against ships.
- Oil is on track for its steepest weekly gain since mid-July.
Still unconfirmed
- Goldman Sachs warns oil could reach $120 if Middle East ship attacks intensify.
- Dow futures fell 300 points to start a shortened week.
What to watch next
- Further military escalations in the Strait of Hormuz
- Official statements from US or Iranian governments regarding ship casualties
- Changes in Brent and WTI price benchmarks
confidence 90%Sources used for this update (7)
- CNBC — Oil set for steepest weekly gain since mid-July over intensifying U.S.-Iran tensions
- Reuters — Oil extends gains after US and Iran strike ships
- The New York Times — Oil Prices Rise Slightly After U.S. and Iran Trade Strikes
- WSJ — Oil Rises as Escalating U.S.-Iran Conflict Stokes Supply Disruption Fears
- Bloomberg.com — Goldman Flags Risk of $120 Oil If Mideast Ship Attacks Intensify
- www.cnbc.com — Dow futures fall 300 points to start shortened week as oil prices climb: Live updates
- www.etnownews.com — Crude Oil Price Today, September 8: Oil stays near 3-month high above $92 amid US-Iran conflict - Check Brent and WTI prices
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