World news brief
Oil hits five-month high amid fears US will renew strikes on Iran
NEWS DESKWorld
PUBLISHEDOct 23, 2026, 11:35 AM
What the source reports
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 international benchmark for oil, rose by 1% on Friday morning to $114. 72 a barrel – its highest level since May. Continue…
Main source: The Guardian World
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