SENSEX
NIFTY
GOLD
USD/INR

Weather

image 27    C

National News

The Times of India

National / The Times of India

details

Brent crosses $101 as Saudi attacks, US storm add to oil supply concerns

Rising oil prices, now exceeding 1%, raise alarms over potential storm disruptions affecting U.S. oil production and refineries. With Brent crude passing $101 per barrel and WTI crude hitting $90.38, concerns are amplified by supply issues from Saudi Arabia and mixed signals on U.S. inventories. Coupled with ongoing tensions between Saudi Arabia and Yemen's Iran-aligned Houthis, analysts predict sustained high prices unless significant diplomatic progress is made.

7 Oct 2026 7:19 am