- Brent crude rose about 1% to above $115 a barrel on Friday, its highest level since May, as fears of renewed Middle East escalation lifted energy markets.
- Tehran said it would attack oil facilities, undersea cables, datacentres and AI facilities in the Gulf region if a new US-Israeli offensive against Iran is launched.
- Reports that the US is considering renewed military strikes on Iran after the midterm election drove the move, according to Interactive Investor.
- NYT reported oil at $117 a barrel, with investors increasingly concerned that the war in Iran could escalate again and put energy supplies at greater risk.
Quotes
“Widespread reports that the US is considering renewed military strikes on Iran after the midterm election”