Oil Surges More Than $1 as Middle East Conflict Escalates

Oil Surges More Than $1 as Middle
East Conflict Escalates

Singapore, 9 Sep 2026 (ONA) — Oil
prices climbed more than $1 in early trading today as the Middle East conflict
widened, heightening concerns over supply disruptions.

Brent crude futures rose $1.57, or
1.6 percent, to $99.49 a barrel, while US West Texas Intermediate crude gained
$1.60, or 1.72 percent, to $94.63 a barrel.

Brent has surged about 25 percent
since early August, as hopes for a lasting resolution to the six‑month‑old war
have faded and hostilities have reignited.

— Ends/Khalid