Prices pulled back from recent highs as traders weighed diplomatic efforts to ease U.S.-Iran hostilities against renewed Houthi attacks on Saudi Arabia and persistent Middle East supply risks.
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Oil Prices Rise More Than 2% as Attacks on Saudi Arabia, U.S.-Iran Risks Persist
wsj.com
22.10.2026
European, Middle East ministers urge US-Iran diplomacy, not new attacks
aljazeera.com
23.10.2026
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