Keyword → Iran strikes

Brent Crude Rises 2.1% to $96 as Houthi Missiles Strike Saudi Tankers and US Completes 12th Consecutive Night of Iran Strikes

Brent crude rose 2.1% to $96 per barrel Thursday after Houthi militants fired missiles and drones at two Saudi oil tankers in the Red Sea — marking the first direct strikes on tankers in that waterway — while US forces completed a 12th consecutive night of strikes on Iranian targets. WTI climbed 1.4% to $88.08. Brent is now up roughly 30% over the past month. Energy stocks, defense contractors, and airline names face sharply divergent outlooks as a second front in the energy-supply disruption opens.

US Intensifies Iran Strikes While Philly Fed Soars — Chip Sector Selloff Drags Nasdaq 100 Futures Down 1%

S&P 500 futures slipped 0.2% and Nasdaq 100 contracts fell 1% Thursday as renewed US strikes on Iran and a 4.6% premarket decline in TSMC weighed on chip stocks. The VanEck Semiconductor ETF slid 2.2% globally, with Arm Holdings down 4% and SK Hynix plunging 11% in Seoul. Oil held elevated as shipping uncertainty in the Strait of Hormuz persisted, even as Iran peace framework talks continued in parallel, maintaining a geopolitical risk premium across energy markets.