US-Israel-Iran War Latest Live News: Global Oil Prices Drop 1% to $101.18 a Barrel as Brent Crude Exports from Middle East Rise Above the Levels Before US-Israel War on Iran
India, Oct. 5 -- US-Israel-Iran War Latest Live News: Global oil prices fell on Monday, October 5, 2026, with Brent crude sliding roughly 1% to intraday lows around $101.18 a barrel. This downward pressure comes as Middle East crude exports recovered to surge above pre-war levels during late September, helping offset deep-seated supply anxieties sparked by the US-Israel war with Iran.
US-Israel-Iran War Latest Live News: Market Dynamics
Supply Rebound: Middle Eastern exports rebounded strongly to 16.33 million barrels per day in September, heavily supported by Saudi Arabia expanding flows through its East-West Pipeline and increasing loadings from the Yanbu port.
G7 Emergency Stockpile Release: Prices faced additional headwinds after G...
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