Brent crude reaches five-month high

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By William Smith • Updated Oct 22, 2026 at 19:10

Oil prices jump to five-month high as attacks threaten global supply - The Guardian — Brent crude reaches five-month high

Oil prices have surged to a five-month peak due to attacks in the Middle East. Brent crude has soared on reports of escalating conflicts, while more oil is now flowing from the Persian Gulf than before the Iran war. These events 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 tensions on oil production.

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