Brent crude rose more than 5% to more than $105 per barrel, with U.S. crude up almost 5% to nearly $93, according to NBC News.

The White House asked the Pentagon to draw up options for a possible resumption of attacks on Iran before the November 3 vote, according to NBC News and the Atlantic, cited by Quartz. In Brazil, oil prices surged on the threat of new U.S. attacks on Iran, according to Opera Mundi.