Daily Market Updates: Brent crude tops $100 as tariffs and geopolitical risk raise yields

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At close · Wed, Aug 12, 2026

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Home›Global Markets›Trade & Tariffs›Brent crude tops $100 as tariffs and geopolitical risk…

Brent crude tops $100 as tariffs and geopolitical risk raise yields

Houthi strikes on Saudi-linked tankers pushed Brent above $100 and helped drive Treasury yields to an 18-month high.

Reported · Written up by our desk · Trade & Tariffs

CNBC World reports that Houthi strikes on Saudi tankers pushed Brent crude back above $100.

The same developments also lifted Treasury yields to an 18-month high.

Separately, CNBC World said AI spending jitters weighed on Tesla and Alphabet.

Latest closeWTI crude $82.68 ▼0.6%|Brent $88.46 ▼0.5%

← Newer storyWTI holds above $90 as Middle East tensions lift oil-risk premium Older story →AI trade hit as investors fret about runaway tech spending

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Sources

CNBC WorldCNBC Daily Open: Brent crude is back at $100 , and Trump renews tariffs

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