Oil prices experienced a decline of over 1% after hitting six-month peaks, primarily due to geopolitical unrest in Saudi Arabia. Currently, Brent crude fluctuates around $115 per barrel, and WTI at $101.5 per barrel. The threat to energy exports and infrastructure from Houthi attacks raises alarm, while the Federal Reserve meeting looms, potentially addressing inflation amid climbing energy prices.
Crude prices fall from six-month highs; WTI stands at $101 per barrel, Brent costs $115on October 26, 2026 at 1:43 am
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