{
  "id": 12508631,
  "title": "Oil prices rise as storms and air strikes threaten supply",
  "url": "https://urgent.news/2026/10/07/oil-prices-rise-as-storms-and-air-strikes-threaten-supply",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T00:48:03.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/oil-prices-rise-storms-and-air-strikes-threaten-supply-6437901"
  },
  "original_language": "en",
  "account": null,
  "summary": "Oil prices have risen as the market weighs supply constraints from a storm heading for US oil-producing regions and attacks by Iran-backed Houthis on Saudi Arabia. Brent futures rose 0.92% to $101.51 a barrel, while US West Texas Intermediate (WTI) crude increased 0.92% to $90.25. US forecasters warned that a storm forming in the Gulf of Mexico could become the first Atlantic hurricane of 2026, potentially impacting oil and gas production in the region, which accounts for 15% of US crude oil and 5% of the country's natural gas. The storm could affect six refineries, with refineries in US Gulf states producing about 50% of the national capacity.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Oil prices rise as storms and air strikes threaten supply",
        "url": "https://urgent.news/2026/10/07/oil-prices-rise-as-storms-and-air-strikes-threaten-supply-12510175",
        "published": "2026-10-07T00:48:03.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Oil prices rise as storms and air strikes threaten supply",
        "url": "https://urgent.news/2026/10/07/oil-prices-rise-as-storms-and-air-strikes-threaten-supply-12520810",
        "published": "2026-10-07T01:41:01.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Oil prices rise as storms and air strikes threaten supply",
        "url": "https://urgent.news/2026/10/07/oil-prices-rise-as-storms-and-air-strikes-threaten-supply-12524499",
        "published": "2026-10-07T02:27:22.000Z"
      },
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Oil prices rise as storms and air strikes threaten supply",
        "url": "https://urgent.news/2026/10/07/oil-prices-rise-as-storms-and-air-strikes-threaten-supply-12537700",
        "published": "2026-10-07T03:15:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}