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Middle East Conflict Drives Oil Prices and Inflation Fears

Escalating fighting in the Middle East, alongside Ukraine and Iran strikes, has pushed oil prices higher, lifting inflation concerns and affecting the dollar, gold, and bitcoin, according to reports around October 12, 2026.

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Articles

Oct 13, 6:32 PM bloomberg.com China’s Producer Prices Jolted by $100 Oil as Inflation Rebounds
Oct 13, 5:53 AM ft.com Gulf oil production rebounds ahead of increase in Iran war hostilities
Oct 12, 6:20 PM investing.com Gold slips near $4,160 as Middle East tensions fuel rate-hike concerns
Oct 12, 4:54 PM bloomberg.com Gold Holds Drop as Middle East Fighting Stokes Inflation Fears
Oct 12, 9:30 AM cointelegraph.com Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high
Oct 12, 4:07 AM semafor.com Global oil buffers weaken as global conflict expands
Oct 11, 7:00 PM investing.com Dollar stays near 18-month high as Mideast conflict, inflation data in focus