https://www.live-feeds.com/feed/oil-prices-approach-iran-war-highs-as-soaring-tanker-rates-trigger-a-second-energy-squeezeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-approach-iran-war-highs-as-soaring-tanker-rates-trigger-a-second-energy-squeezehttps://www.live-feeds.com/feed/oil-prices-approach-iran-war-highs-as-soaring-tanker-rates-trigger-a-second-energy-squeeze#u155679Mon, 26 Oct 2026 09:16:14 +0000Brent crude climbed past $113 per barrel, reaching its highest level since May, while U.S. oil held above $100. The surge follows persistent attacks targeting Saudi energy infrastructure and escalating risks involving the United States and Iran. Analysts note that soaring tanker rates are compounding the pressure, creating a second energy squeeze as supply concerns intensify across global markets. The sharp price movements reflect deepening anxiety over geopolitical stability in the Middle East and its immediate impact on petroleum supply chains.Why it mattersThe recent escalation stems from s