https://www.live-feeds.com/feed/brent-oil-touches-110-as-iran-escalates-hormuz-attacks-ukraine-vows-to-hit-russian-refineriesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/brent-oil-touches-110-as-iran-escalates-hormuz-attacks-ukraine-vows-to-hit-russian-refinerieshttps://www.live-feeds.com/feed/brent-oil-touches-110-as-iran-escalates-hormuz-attacks-ukraine-vows-to-hit-russian-refineries#u137202Mon, 19 Oct 2026 20:26:27 +0000Brent crude oil prices reached $110 per barrel for the first time since May, driven by Iranian attacks in the Strait of Hormuz and threats to Russian energy infrastructure. While Brent closed at $109.86, up 3.7 percent, WTI settled above $101. Market volatility persists as traders balance these supply risks against potential IEA reserve releases. Recent escalations include Houthi claims of attacks on Saudi Arabia and confirmed Ukrainian strikes on Russian oil facilities, pushing prices toward a five-month high.Why it mattersThe Strait of Hormuz is a critical chokepoint for global crude exports