Oil Spikes Toward $100 as Saudi Attacks and Trade War Rattle Markets

Brent crude surges near $100 after Houthi attacks on Saudi energy facilities, sending the Dow down 600 points and reigniting inflation fears. Plus, Canada's $27.6 billion retaliatory tariffs take effect, UK borrowing costs hit a 28-year high, and GE Aerospace reportedly moves on a $12 billion acquisition of CPP. In this episode: • Brent crude oil hits $98 after Iran's Houthi allies attack multiple Saudi energy facilities — https://www.cnbc.com/2026/09/08/oil-prices-today-brent-wti-hormuz-iran-war.html • Canada's retaliatory tariffs worth CA$27.6 billion take effect as trade rift with U.S. deepens — https://www.cnbc.com/2026/09/08/canada-retaliatory-tariffs.html • Stock Market Today: Dow Dives 600 Points, Oil Pops — https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-us-iran-attacks-oil-prices-jump-brent-crude/?src=A00220&yptr=yahoo • UK borrows at highest interest rate since 1998, showing pressure on public finances — https://news.google.com/rss/articles/CBMisgFBVV95cUxPT3VpUHFNT2xIeWVHSTFCVEVrbV9ROWp1b1UxMUVWOTFPNV9zdEJ0c3dxR2VaYTlldEZhMXhEMnhKZmZuWjlMTFhKSUNkOWdmR3UzdkVUUnRscHRPUzIwY0UwYmNHY2k0VkJNR2NfdzR2MTNwTVV0bmM0ejd2Rkd1ZUl0S0VCMktXamRBOG10NU1nTWRyeWxJNkhqdkx2UmFqYThaLWZiWFcyQnpLU3pqSnV3?oc=5 • GE Aerospace To Buy Key Industry Castings Supplier CPP For Nearly $12 Billion — https://www.investors.com/news/ge-aerospace-acquisition-precision-products-castings-capacity-deal-ge-stock/?src=A00220&yptr=yahoo