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The rand fell over 1% to about 16.32 per dollar on September 14 as oil rose more than 3% after new strikes on Saudi energy infrastructure and attacks on ships. Gold fell 1.2% to $4,296.68 an ounce ahead of the Fed decision.
Middle East supply attacks lift crude and freight risk, and higher oil costs feed through into fuel and fertilizer expenses for feed producers.
cnbcafrica.comReutersSep 14, 2026Not enough comparable past events yet for a historical read.
After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
