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Rich Asplund

Oil Prices Soar as US-Iran Conflict Expands to Red Sea

Oil United States Iran Red Sea EIA OPEC Drone Missile Russia Saudi Arabia

September WTI crude oil (CLU26) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26) closed up +0.0186 (+0.58%).

WTI crude oil prices (CLU26) are up more than +6% today after the Iran-backed Houthis launched a missile and drone attack on two Saudi Arabian oil tankers in the Red Sea, expanding the oil disruptions beyond the Strait of Hormuz and threatening oil shipments in the Red Sea. Sep Brent crude oil prices (CBU26) are trading above $100 per barrel.

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Unrest spreads in Europe: Cost-of-living protests turn deadly; leaders condemn violence

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U.S. Measles Cases Reach 4,410 After 330 New Infections in One Week, Highest Yearly Total Since 1991

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Unrest spreads in Europe: Cost-of-living protests turn deadly; leaders condemn violence

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France is witnessing explosive protests over soaring living expenses and inadequate public services, sparking clashes with police forces. This unrest has spilled over into neighboring Belgium and Italy, marking a significant uptick in regional tensions. With more than 500 police officers reported injured and severe property destruction across various cities,…

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One subscription that gives you access to news from hundreds of sites

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U.S. Measles Cases Reach 4,410 After 330 New Infections in One Week, Highest Yearly Total Since 1991

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