Middle East tensions boost oil prices

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By Michael Brown • Updated Oct 22, 2026 at 19:10

Oil prices jump to five-month high as attacks threaten global supply - The Guardian — Middle East tensions boost oil prices

Oil prices have reached a five-month high due to attacks in the Middle East. Brent crude has surged on reports of rising tensions, while more oil is now pouring from the Persian Gulf than before the Iran war. These developments have increased concerns over global supply. The Guardian, Reuters, and the Wall Street Journal have reported on the surge in prices and the impact of the Middle East conflicts on oil production.

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