https://www.live-feeds.com/feed/oil-surges-to-110-per-barrel-for-the-first-time-since-mayContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-surges-to-110-per-barrel-for-the-first-time-since-mayhttps://www.live-feeds.com/feed/oil-surges-to-110-per-barrel-for-the-first-time-since-may#u136643Mon, 19 Oct 2026 17:17:05 +0000Brent oil prices reached $110 per barrel for the first time since May, driven by escalating supply risks. Prices surged as Iran increased attacks in the Strait of Hormuz and Ukraine threatened Russian refineries. Market volatility follows the collapse of a Russia-Ukraine truce brokered by Donald Trump. While some traders are weighing potential IEA reserve releases to mitigate costs, the combination of Gulf shipping disruptions and Eastern European conflict has prompted bullish bets as prospects for imminent supply relief dwindle.Why it mattersThe Strait of Hormuz is a critical chokepoint for g