For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Subscribe Now FACTBOX: Oil markets braced as Biden warns Iran over escalation threat HighlightsIsraeli EMG pipeline flows remain suspended US and Iran trade warnings over possible regional escalation US increases naval presence in Eastern Med region US President Joe Biden

HighlightsAsian refiners brace for higher prices as tensions escalate Russian oil flows to China, India to act as cushion Spotlight on Iran as market eyes US response: S&P Global Rising oil prices following escalating geopolitical tensions in the Middle East have started to ring alarm bells for Asian refiners, but near-term concerns around supplies are

HighlightsUS leniency on Iranian oil sanctions may end Israel could target Iran's infrastructure in retaliation No evidence yet of Iran's direct involvement in attack Clarifying Iran's role in Hamas' surprise attack on Israel could send shockwaves through US President Joe Biden's approach to Tehran, with implications for global oil supplies. Not registered? Receive daily email

HighlightsOil alliance pumped 40.85 mil b/d in September Nigeria output up 100,000 b/d, Iran's 60,000 b/d Geopolitics, tightening market to challenge OPEC+ OPEC+ crude oil production increased 330,000 b/d in September, the second successive monthly jump, as output hikes in Nigeria, Iran and Kazakhstan balanced out ongoing cuts by Saudi Arabia and Russia, the latest