Oil prices jump 4% as Iran steps up tanker attacks, hurricane threatens U.S. Gulf production

President Donald Trump and his national security team have talked about possibly restarting large-scale U.S. military operations in Iran, according to reports.

# Oil prices jump 4% as Iran steps up tanker attacks, hurricane threatens U.S. Gulf production President Donald Trump and his national security team have talked about possibly restarting large-scale U.S. military operations in Iran, according to reports. **Read the full article:** [CNBC](https://www.cnbc.com/2026/10/08/oil-prices-today-brent-wti-hormuz.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*