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Oil Prices Rise Following Saudi Airport Attacks

Oil and fuel prices rose on Monday after weekend attacks on a Saudi airport influenced global markets. Asian shares mostly fell while European stocks gained and Wall Street remained mixed. Meanwhile the US dollar reached an 18-month high amid ongoing economic developments.

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A semi drives past a sign advertising gas and diesel prices along Interstate 5 in Williams, California, U.S., September 28, 2026. REUTERS/Fred Greaves/File Photo

Brent Crude Oil rose 2% to lead global commodity gains during Monday morning trading following missile and drone attacks on Saudi Arabia's Riyadh airport. The geopolitical shock triggered divergent reactions across global equities as investors weighed tightening energy supplies against broader macroeconomic headwinds. Meanwhile, the United States dollar touched an 18-month high amid mounting currency pressures.
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