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Search fieldHome page Seeking Alpha - Power to InvestorsSearch for Symbols, analysts, keywordsAbout PremiumCreate free accountLog in CommoditiesEnergy Oil finishes sharply higher even as Trump says no attacks on Iran before midterms Oct 08, 2026, 7:30 PM ETCrude Oil Futures (CL1:COM), CO1:COM, USO, UCO, XLE, XOPDBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, HO1:COM, NG1:COM, XB1:COMBy : Carl Surran, SA News Editor Crude oil futures jumped ~4% on Thursday despite President Trump's social media statement that the U.S. is having "productive discussions" with Iran and will not attack the country before next month's midterm elections. Crude oil and refined product futures prices pulled To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Search fieldEntering text into the input field will update the search result below Quick Insights Iran tensions, including attacks on tankers and new U.S. sanctions, have driven oil prices up sharply despite diplomatic statements. Attacks reduced Strait of Hormuz shipments, but higher Red Sea and Gulf of Oman exports kept Middle East oil exports near pre-war levels. U.S. natural gas futures fell after a higher-than-expected storage build was reported.
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