[MARKET UPDATE] Crude continues to climb, to the detriment of equity futures & fixed income, following the Saudi updates and ahead of the Houthi announcement

Newsquawk Staff · 8 Sept 2026, 06:40 UTC

Crude continues to climb, to the detriment of equity futures & fixed income, following the Saudi updates and ahead of the Houthi announcement.

What our morning note said

The Middle East · about 1 hour before this headline

Yemeni armed forces spokesperson said Saudi Arabia would not go unpunished for its ongoing acts of aggression following a Saudi air strike on a correctional facility in Al-Jawf, which resulted in over a dozen casualties.

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Headlines that moved markets

Energy headlines from our feed, and what the market did next.

Iran and US talks continue, and reports that the deal is close are wrong.
WTI crude+1.5%
Mediation efforts said that "Qatar and Pakistan presented a 'compromise proposal' that meets the demands of both the American and Iranian sides", Al Araby Al Jadeed reports citing sources.
WTI crude−4.6%
"A breakthrough is expected to be announced this week to halt the escalation between Washington and Tehran", Al Araby Al Jadeed reports citing a source.
WTI crude−1.1%

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