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Oil prices hold near six-week high after Houthis hit Saudi sites

Oil prices hold near six-week high after Houthis hit Saudi sites

By Scott DiSavino Sept 8 (Reuters) - Oil prices held near a six-week high on Tuesday after Iran-backed Houthis in Yemen attacked Saudi energy facilities, setting oil installations ablaze and threatening a major expansion of the six-month-old Middle East war.

Why isn't oil above $100 despite supply disruptions?

Why isn't oil above $100 despite supply disruptions?

(Corrects China's reserves to 1.17 billion barrels, not 1.7 billion, in paragraph 20) By Florence Tan SINGAPORE, Sept 8 (Reuters) - Global oil benchmark Brent crude has rallied this month but stayed below $100 a barrel despite recent escalation in the U.S.-Iran conflict that has disrupted Gulf

Stocks fall as yen firms; Gulf attacks send oil towards $100 a barrel

Stocks fall as yen firms; Gulf attacks send oil towards $100 a barrel

By Amanda Cooper LONDON, Sept 8 (Reuters) - The yen traded around seven-month highs on Tuesday and stocks fell after a volley of attacks on energy facilities around the Gulf drove oil to near $100 a barrel, while copper prices hit record highs.

Asia tech shares rally, others hesitant as oil rises

Asia tech shares rally, others hesitant as oil rises

By Wayne Cole SYDNEY, Sept 7 (Reuters) - Asian tech shares rallied on Monday as the robust U.S. jobs report was seen as positive for global growth even as it narrowed the odds on a rise in interest rates, while oil edged higher after the U.S. and Iran attacked ships in the Gulf.

Explainer-Why isn't oil above $100 despite supply disruptions?

Explainer-Why isn't oil above $100 despite supply disruptions?

By Florence Tan SINGAPORE, Sept 8 (Reuters) - Global oil benchmark Brent crude has rallied this month but stayed below $100 a barrel despite recent escalation in the U.S.-Iran conflict that has disrupted Gulf exports from the Strait of Hormuz and the Red Sea.

Stocks fall as yen surges; Gulf attacks drive oil near $100 a barrel

Stocks fall as yen surges; Gulf attacks drive oil near $100 a barrel

By Amanda Cooper LONDON, Sept 8 (Reuters) - The yen surged on Tuesday and stocks fell after a volley of attacks on energy facilities around the Gulf drove oil to near $100 a barrel, while copper prices hit record highs.

Iran-backed Houthis attack four Saudi cities in expansion of Middle East war, 73 hurt

Iran-backed Houthis attack four Saudi cities in expansion of Middle East war, 73 hurt

By Enas Alashray, Nayera Abdallah and Jana Choukeir CAIRO/DUBAI, Sept 8 (Reuters) - Yemen's Tehran-backed Houthis attacked four cities in the south of U.S. ally Saudi Arabia on Tuesday, wounding more than 70 people and setting oil installations ablaze in what appeared to be a major expansion of the

Asia tech shares rally, others hesitate as oil climbs

Asia tech shares rally, others hesitate as oil climbs

By Wayne Cole SYDNEY, Sept 7 (Reuters) - Asian tech shares rallied on Monday as the robust U.S. jobs report was seen as positive for global growth even as it narrowed the odds on a rise in interest rates, while oil edged higher after the U.S. and Iran attacked ships in the Gulf.

European shares dip as higher oil prices weigh; Novartis slips

European shares dip as higher oil prices weigh; Novartis slips

Sept 7 (Reuters) - European shares edged lower on Monday as oil prices climbed after a fresh exchange of strikes between the United States and Iran, fuelling inflation concerns and bolstering expectations that the European Central Bank may need to keep raising interest rates beyond this week's

Oil prices hold near six-week highs on US-Iran attacks

Oil prices hold near six-week highs on US-Iran attacks

By Shadia Nasralla LONDON, Sept 7 (Reuters) - Oil prices were near six-week highs on Monday, creeping closer to $100 a barrel, as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz and other areas kept crude oil flows in the Middle East low.

Wall St slips as Gulf tensions send oil to over six-week high

Wall St slips as Gulf tensions send oil to over six-week high

By Niket Nishant and Tharuniyaa Lakshmi Sept 8 (Reuters) - The major U.S. stock indexes edged lower on Tuesday as fresh hostilities in the Middle East pushed oil prices to their highest since late July, while markets await inflation data due later this week.

Zelenskyy says US envoys have 'very good' ideas to end Russia's war on Ukraine

Zelenskyy says US envoys have 'very good' ideas to end Russia's war on Ukraine

Ukrainian President Volodymyr Zelenskyy says U.S. envoys visiting Kyiv have presented promising ideas for ending the war with Russia