Oil is trading higher in response to signs of escalation in the Middle East after the IRGC said it expanded its restricted maritime zone into the Gulf of Oman and the Arabian Sea. Also, a tanker was struck near the UAE coast following U.S. attacks on Iranian tankers.

Trump Says Iran War Will End 'Immediately After' the Midterms, Peter Schiff Calls It His 'Latest Lie': Economist Warns of 'Upward Pressure' on Oil Prices

President Trump said that the war with Iran will end immediately after the midterm elections, while investor Peter Schiff called it his "latest lie."

Oil Hits $100 a Barrel: Will Trump ‘TACO’ Again?

Brent crude is back above $100. Every prior run to triple digits this year ended with a US retreat — days before a Fed meeting that may hike.

Bitcoin Braces For CPI as Oil Nears $100 and ETF Inflows Hit $3.8 Billion

Bitcoin holds near $79,000 as oil and yields rise ahead of U.S. inflation data, while $3.8 billion in ETF inflows provides strong support.

Explosions Heard On Iran’s Qeshm Island; Iranian State Media Say It Is Not Yet Clear Whether Sound Of Explosion Came From Sea Or From Qeshm Island Itself

-Reuters Citing Iran's State Media

API Crude Oil Stock 0.300M Barrel Draw Vs 2.600M Barrel Draw Prior

President Trump Says Will Be Speaking To Israel About Sanctions Imposed On West Bank Settlements; War In Iran Will End Immediately After Election;: I'm Doing Much More Than A Nuclear Deal; We're Not Looking For A Deal; Negotiation Could Happen

https://www.youtube.com/watch?v=0mnGc7lFHi0