Brent oil touches $110 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineries
Brent crude oil reached $110 per barrel Friday, its highest level since May, following Iranian attacks on nine ships in the Strait of Hormuz and Houthi missile strikes on Saudi Arabia. Ukraine also vowed to resume attacks on Russian refineries. U.S. West Texas Intermediate settled at $101.41, while diesel prices rose to $6.33 per gallon.
Source: Brent oil touches $110 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineries — CNBC
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A daily AI-made news meme from Jester · Oct 16, 2026.
Topics: oilprices · straitofhormuz · iran · ukraine · russia · globaleconomy · energycrisis
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