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MARCH 4, 2026 AT 09:30 PM

[MARKET UPDATE]: Oil prices climb over the last hour and a half amid slew of reports on the Middle East and also Russia/Ukraine

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WTI has been climbing, rising from USD 74.50 - 76.20 over the last hour and a half, likely supported by the following reports:

  • Reports via Kan news, citing Arab intelligence, said that the Houthis in Yemen are planning to attack vital targets inside Saudi Arabia using missiles and drones as they have done in the past.
  • Meanwhile, Ukraine President Zelensky said trilateral talks on ending the war with Russia to continue once the security situation in Iran allows.
  • Fox also reported (in fitting with i24 reports earlier): That Iraqi Kurds have launched a ground offensive in Iran.
Created: 04 / 30 / 2026 / 23:59Updated: 04 / 30 / 2026 / 23:59