Oct 12, 2026 · 3 min · 6 segments
On this episode of Getting Down to Business, John Rucci goes over : \- Oil Prices Rises due to concerns in the Middle East \- Concerns over Artificial Intelligence Investments \- Wall Street…
On October 11th, 2026, global oil prices increased as tensions in the Middle East raised concerns about energy supplies.
Brent crude oil climbed nearly $107 per barrel following the attacks affecting transportation to oil infrastructure in the region.
The increase could lead to higher gasoline prices and transportation costs for businesses and consumers.
Economists are continuing to monitor the situation as disruptions of global oil shipments could place additional pressure on inflation.
It's very difficult to know because we've had a number of ongoing attacks, um, close traded, um, between those two sides.
Um, so I think it unfortunately is a case that is simply more volatility.
On October 11th, 2026, global oil prices increased as tensions in the Middle East raised concerns about energy supplies.
Brent crude oil climbed nearly $107 per barrel following the attacks affecting transportation to oil infrastructure in the region.
The increase could lead to higher gasoline prices and transportation costs for businesses and consumers.
Economists are continuing to monitor the situation as disruptions of global oil shipments could place additional pressure on inflation.
It's very difficult to know because we've had a number of ongoing attacks, um, close traded, um, between those two sides.
Um, so I think it unfortunately is a case that is simply more volatility.
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