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News 2026-10-22 23:30 UTC

Oil Holds Gain on Heightened Middle East Risks

Crude oil held around $99 per barrel on Friday, trading near its highest level in five weeks as escalating Houthi attacks on Saudi targets and reports of possible renewed US strikes against Iran raised supply risks in the Middle East. Iran-backed Houthi militants in Yemen claimed responsibility for recent attacks on Sa

News 2026-10-12 23:36 UTC

Oil Holds Gains on Heightened Supply Risks

Crude oil held above $93 per barrel on Tuesday after climbing for three consecutive sessions, underpinned by mounting supply concerns as the Middle East conflict escalates and attacks in Ukraine continue. The Trump administration is under growing pressure to assist Saudi Arabia in its fight against Iran-backed Houthi m

News 2026-09-28 17:25 UTC

Dollar flat as US-Iran standoff lifts oil, yields

Brent crude rose more than 3% above $107 a barrel as US-Iran tensions heightened supply risks and Treasury yields stayed above 5%. The Australian dollar weakened ahead of an expected Reserve Bank of Australia rate hike Tuesday.