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LIVE DESK·Global markets desk·Last updated 14s ago
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Oil prices surge toward $100 per barrel on Middle East and trade risks

Crude oil prices moved toward $100 per barrel amid prolonged Middle East conflict risks, Iran's retaliation warnings, and escalating US-Canada trade tensions.

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David Chen · Commodities Desk · 14 Sept 2026 · 05:02 · 1 min read
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Oil prices surge toward $100 per barrel on Middle East and trade risks

Oil prices surged toward $100 per barrel on Sept. 8, 2026, amid prolonged Middle East conflict risks, Iran's retaliation warnings, and escalating US-Canada trade tensions.

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The item cited the prospect of a longer-running regional conflict, warnings of Iranian retaliation, and rising trade friction between the United States and Canada as the backdrop for the move.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
David Chen
Commodities Desk

David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.

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