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Israel Online · Oct 15, 2026

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Oil Prices Fall Despite Rising Middle East Security Tensions Global oil prices declined more than 1% in Thursday trading as investors weighed supply conditions against growing security risks in the Middle East. Brent crude traded near $104 per barrel, while US crude was around $94, according to Reuters. Markets remain sensitive to attacks on shipping near the Strait of Hormuz and Houthi strikes against Saudi energy infrastructure. The volatility continues to affect regional trade and transportation costs.

*Oil Prices Fall Despite Rising Middle East Security Tensions* Global oil prices declined more than 1% in Thursday trading as investors weighed supply conditions against growing security risks in the Middle East. Brent crude traded near $104 per barrel, while US crude was around $94, according to Reuters. Markets remain sensitive to attacks on shipping near the Strait of Hormuz and Houthi strikes against Saudi energy infrastructure. The volatility continues to affect regional trade and transportation costs.

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