US oil surges above $107, Brent crude at five-month high amid Middle East tensions
U.S. West Texas Intermediate futures rose 4.2% to about $107.50 a barrel on Tuesday, while Brent crude for December delivery climbed 1.9% to $111.42, its highest level since May 19. The price jump coincided with heightened Middle East tensions, including attacks on at least 18 vessels in the Strait of Hormuz.
Source: US oil surges above $107, Brent crude at five-month high amid Middle East tensions — CNBC
A daily AI-made news meme from Jester · Oct 20, 2026.
Topics: oilprices · crudeoil · brent · energy · middleeast · markets · inflation
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