Oil Prices up Due to Houthi Strikes and US Threat to Renew Iran War

Oil prices up due to Houthi strikes and US threat to renew Iran war

Crude remains at multi-month highs as supply fears linger

Houthi attacks and fears of U.S. attacks on Iran sent oil climbing - Oklahoma Energy Today

A major Houthi attack on a Saudi Arabian oil refinery combined with growing nervousness over a possible resumption of U.S. strikes on Iran after next week’s US midterm elections since crude oil prices climbing nearly 1% on Wednesday. Brent futures rose $1.44, or 1%, to settle at $115.32 per barrel. US West Texas Intermediate crude […]

Oil prices rebound after US tells Mid Eastern allies to prepare for renewed strikes on Iran

Crude oil futures climbed as U.S. officials reportedly directed Persian Gulf nations to prepare for a major military campaign against Iran following the November 3 midterm elections. The strategic warning comes alongside U.S. force repositioning, increased munitions restocking, and the deployment of additional naval strike groups to the region. Markets reacted sharply to the heightened […]

More Hints at a Post-Election Attack on Iran - ADM Investor Services

December Crude Oil was higher early Wednesday with the Houthis keeping up their attacks on Saudi Arabia and increasing expectations for the US to resume attacks on Iran after the mid-term elections.

US-Israel-Iran War Latest Live Updates: Brent Nears $115 as Houthi Attacks Rattle Saudi Arabia, Fears of Fresh US Strikes on Iran Push Oil Prices Higher

Oil prices climbed on Wednesday as renewed security concerns in the Middle East overshadowed hopes of a diplomatic breakthrough between the United States and Iran. Reports of Houthi attacks on Saudi Arabia and the possibility of fresh US military action against Tehran kept traders focused on the risk of further disruptions to global crude supplies. Brent crude, the international benchmark, rose 0.87% to $114.87 a barrel by 2 pm UAE time. US West…