https://www.live-feeds.com/feed/oil-rises-as-risks-of-prolonged-mideast-conflict-heighten-supply-worriesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-rises-as-risks-of-prolonged-mideast-conflict-heighten-supply-worrieshttps://www.live-feeds.com/feed/oil-rises-as-risks-of-prolonged-mideast-conflict-heighten-supply-worries#u62910Wed, 09 Sep 2026 16:56:30 +0000Global oil prices reached $100 per barrel on Wednesday, the highest level since July. Brent crude rose above the $100 mark as fighting in the Middle East intensifies, sparking fears of prolonged supply disruptions. The price surge follows attacks by Iran-backed Houthis on four Saudi cities, including energy facilities that were set ablaze. These strikes wounded 73 people and prompted a response from a Riyadh-led coalition. Market volatility continues as conflict spreads from the Strait of Hormuz toward the Bab al-Mandab Strait.Why it mattersEnergy markets are reacting to a widening conflict in https://www.live-feeds.com/feed/oil-rises-as-risks-of-prolonged-mideast-conflict-heighten-supply-worrieshttps://www.live-feeds.com/feed/oil-rises-as-risks-of-prolonged-mideast-conflict-heighten-supply-worries#u61892Tue, 08 Sep 2026 21:40:57 +0000Oil prices are rising as renewed hostilities between the US and Iran intensify within the Strait of Hormuz. Market participants fear a prolonged conflict will disrupt global energy supplies. Goldman Sachs warns that oil could reach $120 per barrel if attacks on ships in the region increase. While oil markets react to the strikes, broader financial instability is appearing in Asia, where stocks are wavering as Iran warns of retaliation and the yen surges.Why it mattersThe Strait of Hormuz is a critical transit point for global oil shipments. Conflict in this narrow waterway creates immediate su