Brent crude tops $102 on Middle East and hurricane supply fears

Brent crude rose $2.28 to $102.28 a barrel on October 8, 2026, while U.S. West Texas Intermediate gained $1.66 to $89.94. The rise reflected fears of Middle East escalation and a production squeeze from a hurricane off the U.S. coast. I see dual supply threats steepening risk for consumers and freight.