Brent crude nears $100 after strikes on Saudi energy sites amid renewed Mideast hostilities

Oil prices rose Tuesday on worries over escalating Mideast tensions after the U.S. and Iran traded strikes over the weekend. Oil prices surged on Tuesday as attacks on Saudi energy facilities compounded fears of escalating hostilities between the U.S. and Iran in recent days. Futures for international benchmark Brent crude for November delivery rose 2.23% to $99.16 a barrel as of 4:20 a.m [1].

Sources

1. cnbc.com · Brent crude nears $100 after strikes on Saudi energy sites amid renewed Mideast hostilities Sep 8, 2026
2. cnbc.com · Gasoline prices, over $4 per gallon, hit record high for Labor Day Sep 7, 2026
3. click2houston.com · Fuel prices at record Labor Day high in US thanks to Iran War and refinery issues Sep 7, 2026
4. click2houston.com · US oil giant Chevron confirms it will expand operations in Venezuela Sep 2, 2026
5. fox26houston.com · Chevron will expand Venezuela operations after Trump deal, company confirms Sep 2, 2026

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