Brent Crude Tops $113 as Trump Signals Renewed Action Against Iran

Name: Brent Crude Tops $113 as Trump Signals Renewed Action Against Iran
Uploaded: 2026-10-22T21:39:18.900695+00:00
Description: Brent crude surged above $113 per barrel on Oct. 22, 2026, its highest since early May, after U.S. President Donald Trump warned that action against Iran would come "fairly soon." Fresh Houthi attacks on Saudi facilities and Iranian claims of tanker strikes near the Strait of Hormuz added a fresh risk premium to prices.

Brent crude surged above $113 per barrel on Oct. 22, 2026, its highest since early May, after U.S. President Donald Trump warned that action against Iran would come "fairly soon." Fresh Houthi attacks on Saudi facilities and Iranian claims of tanker strikes near the Strait of Hormuz added a fresh risk premium to prices.

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