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Markets reacted after the U.S. military reported striking five Iranian tankers in response to attempted missile attacks on a Navy warship and after attacks by an Iranian-backed Houthi rebel group ignited fires at oil facilities in Saudi Arabia

Updated - September 09, 2026 03:19 pm IST

The price of oil surpassed $100 a barrel for the first time in almost six weeks after attacks on oil facilities and ships in West Asia