Oil prices jump to five-month high as attacks threaten global supply

October 22, 2026 · 11:28 am 3 sources

Image: The Guardian

Coverage

Wires & papers of record

• Oil prices jump to five-month high as attacks threaten global supply
  The Guardian · October 22, 2026 11:28
  Iran’s IRGC says it hit four vessels in the northern Gulf and three more struck mines near the strait of Hormuz Shipping workers: how is the Middle East conflict affecting you? Business live – latest updates Oil prices jumped to a five-month high on Thursday after ​attacks in Saudi Arabia and hits…
• Oil hits five-month high amid fears US will renew strikes on Iran
  The Guardian · October 23, 2026 11:35
  Brent crude rises to $114.72 a barrel after Tehran threatens retaliatory attacks on Gulf oil and tech facilities Business live – latest updates Oil has hit its highest level in more than five months as fears of fresh escalation in the Middle East conflict grip the energy markets. Brent crude, the…

Coverage

• Iran says seven ships hit in Hormuz Strait, warns US of wider response
  Al Jazeera · October 22, 2026 17:58
  The US has pushed back on the IRGC's claims, dismissing them as an attempt to increase oil prices ahead of US elections.