Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres Oil has hit its highest level in more than six months as fears of fresh escalation in the Middle East conflict grip the energy markets.
Back to Business
Business
October 23, 2026 at 4:48 PM
Oil price rises above $117 a barrel amid fears US will renew strikes on Iran
The Guardian Business
Excerpt from The Guardian Business.