Markets23 October 2026
WTI nears $99, five-week highs on escalating Middle East supply risks
via FXStreet
WTI crude approached $99 per barrel, a five-week high, as geopolitical tensions intensified in the Middle East. Reports of potential U.S. and Israeli strikes on Iran's energy infrastructure and attacks on Saudi facilities are fueling fears of supply disruptions. Rising oil prices pressure inflation expectations and could weigh on equity indices.
Original source
FXStreet
Related stories
Markets28 October 2026
New Zealand dollar tumbles after RBNZ unexpectedly holds rates, Aussie gains on inflation data
Markets28 October 2026
Oil rallies $4.64 in one week on U.S. sanctions targeting Russian supply chains
Markets28 October 2026
Fed raises rates despite inflation, bond yields hold steady as recession fears linger
Markets27 October 2026