https://www.live-feeds.com/feed/oil-settles-higher-after-saudi-strikes-stoke-supply-worriesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-settles-higher-after-saudi-strikes-stoke-supply-worrieshttps://www.live-feeds.com/feed/oil-settles-higher-after-saudi-strikes-stoke-supply-worries#u69536Tue, 15 Sep 2026 23:20:40 +0000Oil prices settled approximately 1 per cent higher on Monday following new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Middle East. Crude benchmarks initially jumped almost 5 per cent and rose more than $3 before retreating from session highs. Market volatility stems from a key Saudi pipeline outage that removes as much as 4% of global oil supply from the market. While prices extended gains due to Houthi and Iranian activity, hopes for diplomacy with Iran helped pare some of the initial increases.Why it mattersThe surge toward $100 oil has put central banks on al