Oil price rises above $115 a barrel amid fears US will renew strikes on Iran
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Business category. Published on October 23, 2026 • Originally reported by Lauren Almeida. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Business category. Published on October 23, 2026 • Originally reported by Lauren Almeida. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres
Oil has hit its highest level in more than five months as fears of fresh escalation in the Middle East conflict grip the energy markets.
Brent crude, the international benchmark for oil, rose by 1% on Friday morning to above $115 a barrel – its highest level since May.
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