https://www.live-feeds.com/feed/oil-prices-soar-over-4-to-16-week-high-after-saudi-strikesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-soar-over-4-to-16-week-high-after-saudi-strikeshttps://www.live-feeds.com/feed/oil-prices-soar-over-4-to-16-week-high-after-saudi-strikes#u69283Tue, 15 Sep 2026 18:36:25 +0000Oil prices jumped more than $3 on Tuesday, reaching a 16-week high after fresh strikes on Saudi Arabian energy infrastructure and attacks by Iran on ships in the Gulf. The price increase follows reports of a Saudi pipeline outage and Houthi attacks on the kingdom. Market analysts indicate that oil is returning to the $100 mark, while global inflation risks rise due to the surge. Future price movements may depend on demand from China.Why it mattersThe Strait of Hormuz is a critical chokepoint for global energy supplies. Continued instability in this region threatens global energy security and d