COMMODITY
Crude oil futures end higher amid escalating tensions in Middle East
Sep-10-2026

Crude oil futures closed higher on Wednesday as the U.S. and Iran continued to trade attacks against other, thereby continuing the Middle East conflict while diminishing investors' expectations on the reopening of the Strait of Hormuz, renewing long-term inflation concerns.

Benchmark crude oil futures for October delivery increased by $3.02 or 3.25% to settle at $96.05 a barrel on the New York Mercantile Exchange. Brent crude for November delivery gained by $3.29 or 3.36% to settle at $101.21 a barrel on the New York Mercantile Exchange.

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