Today in Commodity Markets · October 12, 2026
Houthi attacks on Saudi airports spike oil prices
Oil prices spiked after Houthi attacks on Saudi airports, raising concerns about Middle East supply.
The Hill
Diesel prices eased slightly from a record set in September, according to Brownfield Ag News.
Brownfield Ag News
Michigan declared an energy emergency over high diesel prices.
Midland Daily News
RBC's Helima Croft says the oil market is in a transportation crisis, per CNBC.
CNBC
Gold edged up as lower oil prices eased expectations for further Fed rate hikes.
Advisor Perspectives
Oil prices rose after reports that Russia hit Ukrainian energy infrastructure.
Yahoo Finance
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Trending in Commodity Markets this week
- Diesel · in the news 3 of the last 3 days
Diesel prices eased slightly from a September record, per Brownfield Ag News. Maryland had declared a state of emergency over soaring diesel prices, and Trump announced a Russia-Ukraine energy ceasefire. - Russia · in the news 3 of the last 3 days
Oil prices rose after reports that Russia hit Ukrainian energy infrastructure. Earlier, Trump eased Russia sanctions, saying Putin will release diesel amid steep price spikes. - Oil · in the news 3 of the last 3 days
Oil prices spiked after Houthi attacks on Saudi airports raised Middle East supply concerns. Earlier, prices fell as Middle Eastern flows showed signs of recovery and G-7 announced a stock release. - Middle East war · in the news 2 of the last 3 days
- Houthi · in the news 2 of the last 3 days