https://www.live-feeds.com/feed/oil-touches-110-a-barrel-for-first-time-since-may-on-middle-east-russia-supply-fearsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-touches-110-a-barrel-for-first-time-since-may-on-middle-east-russia-supply-fearshttps://www.live-feeds.com/feed/oil-touches-110-a-barrel-for-first-time-since-may-on-middle-east-russia-supply-fears#u140586Tue, 20 Oct 2026 19:42:08 +0000Brent crude oil touched $110 a barrel for the first time since May, driven by escalating supply risks in the Middle East and Russia. Prices have surged this week, with Brent rising 4.9% and WTI increasing 10.4%. Market gains are supported by a major US crude stock draw and Iranian attacks on ships in the Strait of Hormuz. While prices have eased slightly as traders weigh potential IEA reserve releases, the market remains focused on regional instability and Ukrainian threats against Russian refineries.Why it mattersThe Strait of Hormuz is a critical global transit point for oil, making any disr