Oil Holds Above $100 as Russia, Gulf Attacks Threaten Fragile Supply Recovery

Name: Oil Holds Above $100 as Russia, Gulf Attacks Threaten Fragile Supply Recovery
Uploaded: 2026-10-16T23:39:13.692127+00:00
Description: Oil prices remained above $100 a barrel in mid-October 2026 as attacks from Russia to West Asia threatened a fragile supply recovery, the International Energy Agency said. Onshore inventories have fallen to their lowest level in at least a decade, leaving the market with little buffer against further disruption.

Oil prices remained above $100 a barrel in mid-October 2026 as attacks from Russia to West Asia threatened a fragile supply recovery, the International Energy Agency said. Onshore inventories have fallen to their lowest level in at least a decade, leaving the market with little buffer against further disruption.

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