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Event Brief

Oil prices rise as White House weighs Iran strikes

Brent crude prices rose more than 5% on Thursday, while West Texas Intermediate continued to climb. The market movement came as the White House considered whether to resume strikes on Iran.
WHO: Oil markets
WHAT: Brent crude and West Texas Intermediate prices rose.
WHEN: Oct 8, 2026 at 12:05 PM ET
WHERE: Location not specified
WHY: The price rise was reported as the White House considered resuming strikes on Iran.
How this story developed (showing 5 of 5 earlier reports)

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