Markets · Commodity markets, September 1

Middle East escalation drove the tape today after a second round of U.S

Tuesday, September 1, 2026. From GEO's evening brief, after the close.

strikes on Iran in three days. WTI settled at $90.22/bbl, up 5.20%, and diesel led refined products with ULSD up 6.05% to $4.6773/gal. Grains rallied on the same geopolitical tension, with soybeans up 2.31% to 1317.75¢/bu. Precious metals bucked the move as gold fell 1.90% to $4,396.40/oz.

Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.