https://www.live-feeds.com/feed/oil-slips-from-five-month-high-with-hormuz-transits-in-focusContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-slips-from-five-month-high-with-hormuz-transits-in-focushttps://www.live-feeds.com/feed/oil-slips-from-five-month-high-with-hormuz-transits-in-focus#u147065Thu, 22 Oct 2026 15:15:17 +0000Crude oil prices edged lower after hitting a five-month high, settling near $110 a barrel as traders evaluated supply factors, including Middle East conflicts and potential fuel increases. Brent crude futures settled 31 cents lower at $109.55 a barrel on Monday. Market participants monitored transits through the Strait of Hormuz alongside ongoing geopolitical tensions in Ukraine and the Middle East. Meanwhile, market sentiment shifted as traders weighed a sanctions waiver affecting Russian energy supplies and reviewed data on Gulf crude flows.Why it mattersOil markets remain sensitive to suppl