Crude oil futures settled at $94.14, up $0.40, or 0.43%, as elevated Middle East tensions kept energy supply risks at the center of traders' attention, according to a market report from ForexLive.

Geopolitical headlines dominated the session. Reports indicated that Israeli Prime Minister Benjamin Netanyahu spoke with President Trump last week about renewing military action against Iran. Netanyahu reportedly wanted to move before the elections, while Trump told him to prepare but made no firm commitment to support an attack. Israel's defense minister warned that anyone attacking Israel would pay the price, regardless of election timing. Separately, Iran's IRGC navy commander reportedly threatened to sink American ships approaching the entrance to the Strait of Hormuz, a critical passage for global crude oil shipments whose security is closely watched by energy markets.

Tensions also remained high in Yemen. The Saudi-led coalition said it struck an oil facility in Sanaa used by the Houthis to support attacks, while Yemen's deputy defense minister described the battle as open on all fronts. Trump warned the Houthis that he would remain in office after the elections and would not forget their actions. France said it was helping protect navigation in the Red Sea and Bab al-Mandab, the strait linking the Red Sea to the Gulf of Aden on the shipping route toward the Suez Canal. Taken together, the headlines kept the risk of disruptions to energy supplies and key shipping routes firmly on traders' radar.

On the technical side, buyers defended support early in the session. The low at $91.70 held just above the 38.2% retracement at $91.60, with the rising 100-hour moving average—currently at $91.54—and the rising 200-hour moving average at $90.94 providing additional support below. Such retracement levels and hourly moving averages are among the reference points technical traders use to judge whether momentum is shifting. Sellers had their chance to challenge that support zone but could not push through.

The subsequent rebound carried the price above yesterday's high at $94.36 to a session high of $94.70. The settlement at $94.14, however, put the price back below yesterday's high, leaving buyers with more work to do. According to the report, moving back above $94.36 and then $94.70 would strengthen the bullish bias, while sellers would need to break the retracement and both hourly moving averages to take greater control. Until then, support held and buyers the technical advantage.