Oil Prices Jump $3 on Houthi Attacks, Oil Spill

au.investing.com —

Oil prices surged $3 per barrel on Friday, October 23, 2026, reaching their highest settlement since April, driven by Houthi attacks and an oil spill. The price jump reflects heightened supply concerns in the Middle East, with the Houthi incidents adding to existing geopolitical tensions and market fears over potential disruptions. The rally comes amid broader market volatility, as rising oil prices have intensified rate fears, overshadowing war-risk premiums and contributing to a rocky week on Wall Street.


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Oil Prices Jump $3 on Houthi Attacks, Oil Spill | News Minimalist