[UPDATE-Oct 7, 2026, US-Israel, Iran War] MidEast, Gaza-Hamas, Lebanon-Hezbollah: Reaction and Analysis

Oil rises above $100 amid Iran-backed Houthi attacks, US storm Oil prices rose Wednesday as a storm approaching US oil-producing regions and attacks by Yemen’s Iran-backed Houthis on Saudi Arabia raised concerns about supply disruptions, Reuters reported. Brent crude rose 0.92% to $101.51 a barrel, while US West Texas Intermediate gained 0.92% to $90.25. US forecasters said the Gulf of Mexico storm could become the first Atlantic hurricane of 2026 within two days and threaten an area responsible for 15% of US crude production. The gains also came after Houthi attacks targeted airports in Saudi Arabia’s Jazan and Najran as…