Iran-US Standoff Pushes Brent Near Five-Month High as Markets Swing on Headlines
Brent crude jumped 1.9% to $110.85 a barrel on Oct. 21, 2026, after Iran signaled diplomacy with Washington was unlikely. U.S. Secretary of State Marco Rubio said a deal remained "extremely difficult," leaving emerging-market oil importers and bond investors exposed to headline-driven volatility.
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