After skyrocketing early in the session, the price of crude oil gave back some ground in mid-day trading but has moved back to the upside since then.
Crude for November was last seen trading up by $3.65 or 4.1 percent at $91.93 a barrel after spiking by as much as $4.92 or 5.6 percent to a high of $93.20 a barrel.
Crude oil prices surged earlier in the day after a report from NBC News said President Donald Trump and his national security team have discussed possibly resuming large-scale U.S. military operations in Iran in the coming weeks.
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Market Analysis
Crude Oil Gives Back Ground After Early Spike But Remains Sharply Higher
2026-10-08 18:28:33
