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Iran says new attack would trigger sustained retaliation against US bases and interests Iran says US regional allies would be considered parties to conflict US alert warns of unforeseen Middle East escalation, possible airspace closures By Jana Choukeir DUBAI, Sept 20 (Reuters) — Iran warned on Sunday against any big n
Brent crude climbed above $108 a barrel as reports said Iran-backed Houthis seized Yemen’s key Red Sea port of Mocha and advanced toward the Hanish Islands. The report also said Asian markets fell and U.S. stock futures were mixed.
Crude oil prices are steady as investors assess the US-Iran stalemate, with Brent at $92.90 and WTI at $86.50 while Treasury Secretary Scott Bessent is set to unveil new US sanctions on Monday.