Commodities

Middle East Tensions Send Oil Prices Soaring

Guavy AI Editorial Team Published August 20, 2026

Instruments

Oil

U.S. stock futures traded mixed on Thursday as investors assessed escalating Middle East tensions that pushed crude prices higher.

Futures on the Nasdaq 100 (NDX) were up 0.07%, while those on the Dow Jones Industrial Average (DJIA) and the S&P 500 Index (SPX) were down 0.05% and 0.16%, respectively.

Oil prices continued to rise, with Brent crude (CM:BZ) up 2.2% at $94.13 a barrel, and WTI crude (CM:CL) rising 2.3% to $87.04 a barrel.

The Wire

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