Crude oil surged to a six-week high amid Middle East tensions, while gold dipped as a stronger US dollar and rising oil prices impacted investor sentiment ahead of the Fed meeting.

Oil prices rise amid US-Iran tensions. Crude oil reaching a new all-time high by September 30 at 7.7% YES, and by December 31 at 14.5% YES.

Oil prices hit a 6-week high amid US-Iran tensions. New all-time high by December 31 at 15.5% YES.

Crude oil prices jumped to six week high on Thursday, with Brent rising above the $96-a-barrel mark and US benchmark WTI climbing past $88, as the Middle East conflict showed no…