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• What Israel-Hamas war means for oil prices: ‘There is definitely going to be a fear trade put in place’
  Oil traders face a changed world heading into the new week. With...
  Oil traders face a changed world heading into the new week. With the sudden eruption of war in Israel, following surprise attacks by Hamas, fear and uncertainty in markets could drive up crude oil prices.
  
  "The conflict poses a risk of higher oil prices, and risks to both inflation and the growth outlook," Karim Basta, chief economist at III Capital Management, told Reuters.
  
  Brent crude is currently priced at about $88, having jumped more than 3% since the attacks on Israel.
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• ☕️What Else is Brewing Tuesday Morning
  Historybook: United States Naval Academy opens (1845); American actress Helen Hayes...
  Historybook: United States Naval Academy opens (1845); American actress Helen Hayes born (1900); Filmmaker Orson Welles dies (1985); Hijacking of the Achille Lauro cruise ship ends (1985); "Superman" actor Christopher Reeve dies (2004).
  
  UAW workers at Mack Trucks went on strike yesterday after voting against a five-year contract agreement, adding 4,000 more workers to the picket lines at major US auto manufacturers.
  
  Robert F. Kennedy Jr. announced he will run for president in 2024 as an Independent, a decision his own siblings denounced as “dangerous.”
  
  Olympics organizers proposed adding cricket, flag football, baseball and softball, squash, and lacrosse to the 2028 Games in Los Angeles. The International Olympic Committee will vote on the proposal on Oct. 16.
  
  Google announced new AI search capabilities that will help healthcare workers pull up your medical history faster.
  
  The NHL season starts tonight with a triple header on ESPN. Fingers crossed this is finally your team’s year.
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• The latest updates on the Israel-Hamas war
  As the conflict enters its fourth day, President Biden confirmed that at least ...
  As the conflict enters its fourth day, President Biden confirmed that at least 11 US citizens were killed and an unknown number remain missing after the terrorist group Hamas launched a surprise attack on Israel and took dozens of Israelis back to Gaza as hostages. Yesterday, the armed wing of Hamas threatened to kill an Israeli hostage every time Israel bombs Palestinian civilians in Gaza without warning. Travelers are in limbo as most major airlines have suspended flights in and out of Tel Aviv, and Delta canceled its flights there through the end of the month. Israel has called up 300,000 reservists, its largest mobilization in history, ahead of a potential ground operation in Gaza.
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for November delivery...
  Benchmark U.S. crude oil for November delivery rose $3.59 to $86.38 a barrel Monday. Brent crude for December delivery rose $3.57 to $88.15 a barrel.
  
  Wholesale gasoline for November delivery rose 5 cents to $2.24 a gallon. November heating oil rose 7 cents to $2.97 a gallon. November natural gas rose 4 cents to $3.38 per 1,000 cubic feet.
  
  
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• U.S. stocks end higher despite higher oil prices, Israel-Gaza war
  U.S. stocks booked back-to-back gains on Monday, despite rising...
  U.S. stocks booked back-to-back gains on Monday, despite rising oil prices and a deadly weekend assault on Israeli by Hamas that left hundreds dead. The Dow Jones Industrial Average DJIA, +0.59% rose about 197 points, or 0.6%, ending near 33,604, shaking off earlier weakness, while the S&P 500 index SPX, +0.63% advanced 0.6% and the Nasdaq Composite Index COMP, +0.39% gained 0.4%, according to preliminary FactSet data. U.S. benchmark oil prices CL00, +4.34% rose 4.3% to $86.38 a barrel as traders gauged potential implications of the Israel-Gaza war on crude supplies from the Middle East. Investors also flocked to haven assets, including gold GC00, +1.62% and the U.S. dollar DXY, 0.03%, while cash trading in the $25 trillion Treasury market was closed for the Columbus Day and Indigenous Peoples Day holiday. Israel on Monday sealed off the Gaza Strip from food, fuel and other supplies as the conflict between Israel and Hamas intensified, according to the Associated Press.
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