Tensions

Energy, Oil & Gas

Brent crude hits $110 as Middle East tensions fuel supply fears

Sat, 17 Oct 2026

Brent touched $110 a barrel for the first time since May on Friday on worries that escalating tensions in the Middle East could further tighten supplies, while investors assessed how much diesel Russia could supply ‌to the global market, said a report. At least nine commercial ships have come under attack near Hormuz over this week.