📰 ET Markets ⚪ NEUTRAL 🕒 22 Oct 2026, 07:26 AM IST

Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions

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Core Development: Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions

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Market & Financial Impact: Oil prices rose as Houthi attacks in Saudi Arabia increased tensions and led to US diplomatic withdrawals. Brent crude futures gained $1.29, while US West Texas Intermediate crude rose by 97 cents after the attacks. The US State Department has ordered the withdrawal of some family members from various missions in the region. There was a noticeable drop in US crude stocks last week, contrary to analysts' expectations.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions

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