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Oil Prices Rise as Middle East, Ukraine-Russia Conflict Fuel Supply Worries

Anthony Harrup·Wall Street Journal·October 30, 2026

Oil prices rose with the market on edge about possible military escalation in the Middle East, while an attack on a tanker in the Strait of Hormuz, Houthi claims of more attacks on Saudi refineries and a Ukrainian strike on a Russian refinery fed supply concerns.

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Oil Prices Rise as Middle East, Ukraine-Russia Conflict Fuel Supply Worries — TopNewsOn