Against the backdrop of a new round of conflict in the Middle East and continued threats to energy supplies, oil prices rebounded after falling for three consecutive days. WTI crude oil futures rose more than 5% at one point, breaking through $83 per barrel, partially recovering the 14% decline over the past three trading days. Brent crude oil closed near $84 on Tuesday. According to a post on the X platform, the US military said it had successfully intercepted Iran's “raid attempt” against the US military stationed in the Middle East. Furthermore, for the second day in a row, Iran-supported militias in Iraq launched drones at oil facilities in eastern Saudi Arabia, putting more pressure on Saudi Arabia, which is facing restrictions on crude oil transportation due to a maritime blockade. The Saudi Ministry of Defense said it had intercepted the drones on Tuesday, but did not say whether the relevant facilities were damaged.

Against the backdrop of a new round of conflict in the Middle East and continued threats to energy supplies, oil prices rebounded after falling for three consecutive days. WTI crude oil futures rose more than 5% at one point, breaking through $83 per barrel, partially recovering the 14% decline over the past three trading days. Brent crude oil closed near $84 on Tuesday. According to a post on the X platform, the US military said it had successfully intercepted Iran's “raid attempt” against the US military stationed in the Middle East. Furthermore, for the second day in a row, Iran-supported militias in Iraq launched drones at oil facilities in eastern Saudi Arabia, putting more pressure on Saudi Arabia, which is facing restrictions on crude oil transportation due to a maritime blockade. The Saudi Ministry of Defense said it had intercepted the drones on Tuesday, but did not say whether the relevant facilities were damaged.