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At close · Tue, Oct 6, 2026
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Home›Commodities›Energy›Oil rises on renewed Middle East supply worries

Oil rises on renewed Middle East supply worries

NBC News reported President Donald Trump and his national security team discussed possibly restarting large scale U.S. military operations in Iran in the coming weeks.

Reported · Written up by our desk · Energy

Oil prices climbed as investors focused on potential supply risks tied to renewed Middle East hostilities, with CNBC Markets pointing to the latest developments.

According to CNBC World, NBC News reported that President Donald Trump and his national security team discussed the possibility of restarting large scale U.S. military operations in Iran in the coming weeks.

The reports linked the renewed military discussion to broader concerns about future crude supply, helping support the move higher in oil.

Latest closeWTI crude $89.70 ▼1.6%

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Sources

CNBC MarketsOil gains as Middle East hostilities stoke supply worries
CNBC WorldOil gains as Middle East hostilities stoke supply worries

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