Oil prices rise sharply on Middle East tensions and US hurricane threat

World · en

Oil prices rise sharply on Middle East tensions and US hurricane threat

The Guardian · Oct 8, 2026, 8:44 AM UTC

Global bond market sell-off continues and stocks fall amid another wave of potential strikes against Iran Business live – latest updates Oil prices have risen sharply amid fears about escalating tensions in the Middle East and a squeeze on production from the threat of a hurricane off the US coast. Brent crude, the international benchmark, rose by 3.…

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