Brent Crude Hits Five-Month High Above $110 as West Asia Tensions Escalate
Oil prices surged on Oct. 20, 2026, with WTI briefly topping $110 and Brent hitting a five-month high of $111.99 as attacks on tankers and Saudi energy infrastructure raised fears of wider disruption. U.S. Energy Secretary Chris Wright said crude flows have recovered to about 80% of pre-war levels, even as refined-product shipments stay constrained.
Read the full story