High Alert

Oil jumps to $105, pushing up chances of a US interest rate increase

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Al Jazeera

What happened

Prices spiked as attacks on oil tankers escalated amid the US-Iran war.

Key facts

  • Reported by Al Jazeera and published Thu, 10 Sep 2026 16:05:06 UTC.

Why it matters

International stories like this one shape diplomacy, travel, energy supply and security decisions well beyond the country involved, which is why WorldPing tracks every update on it in one place.

What to watch next

  • Official statements or denials from the governments named
  • Whether other major newsrooms confirm the same details
  • Any follow-up decision, vote or deadline tied to the event

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. European Central Bank hikes interest rates to 2.5% as policymakers see risk of higher inflation, weaker growth

  2. Woolworths increased prices of at least four ‘family staples’ during ‘Price Freeze’ promotion

  3. Oil jumps to $105, pushing up chances of a US interest rate increase

  4. The likelihood of a Fed interest rate hike next week just got a lot higher

Sources

The original report was published by Al Jazeera. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Al Jazeera

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Related WorldPing coverage

ECB raises interest rates to 2.5% and warns Iran war is fuelling inflationWorldPing
The Guardian

ECB raises interest rates to 2.5% and warns Iran war is fuelling inflation

Borrowing costs climb in Europe and oil tops $105 a barrel as bank says growing price pressures in eurozone will be ‘longer lasting than we had anticipated’ Business live – latest updates The European Central Bank has raised interest rates to 2.

Brief by WorldPing · Original reporting by The Guardian