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Economy · FinanceOngoing · 10

Oil hits five-month high amid fears US will renew strikes on Iran

Lauren Almeida · The Guardian · World
Published 23 Oct 2026, 10:35 pm·1 h ago·1 min read
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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 reading...

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U.S. oil surges to top $109, Brent crude at five-month high amid Mideast tensions
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