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Event Brief

Oil rises as tanker attacks and hurricane threaten supply

Oil prices climbed Thursday as Iran stepped up attacks on tankers near the Strait of Hormuz and Hurricane Isaias threatened U.S. Gulf of Mexico production. Brent rose 3.8% to $104.04 a barrel and WTI gained 3.4% to $91.28; nine tankers had been attacked in and around Hormuz over the past week.
WHO: Oil markets
WHAT: Crude oil prices rose sharply amid tanker attacks near Hormuz and a hurricane threat to Gulf production.
WHEN: Oct 8, 2026 at 12:50 PM ET
WHERE: USA
WHY: Reason not reported.
How this story developed (showing 5 of 5 earlier reports)

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