New York, Sept 8, 2026 (AFP) - Oil prices jump, stocks drop as Mideast war flares

NAMPA / AFP
2026-09-08
World oil prices climbed Tuesday, once more closing in on $100 a barrel, and stock markets mostly retreated owing to a flare-up in the Middle East war. The latest jump in oil prices came as the Houthis said Saudi Arabia retaliated with strikes on Tuesday after the group targeted oil facilities as part of an effort to seize territory near the Bab al-Mandab Strait, an increasingly important route for Saudi oil after Iran blockaded the Strait of Hor......
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