Published Sep 14, 2026, 6:20 AM ET · Updated 2 months ago · 1 source
Oil prices surge due to Middle East attacks and geopolitical tensions
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Original Report
Brent crude and West Texas Intermediate oil prices are significantly up due to Houthi militant actions in the Red Sea, a drone attack from Iraq leading to Saudi Arabia shutting down its East-West pipeline, and President Trump's call for Ukraine to halt refinery strikes in Russia, all highlighting ongoing concerns about global oil supply.