Brent hits $110 as Hormuz ship attacks, Houthi strikes on Saudi trigger oil rally - BusinessToday

Brent Crude Hits $110 as Iran Escalates Hormuz Attacks, Ukraine Targets Russian Refineries

Noida, Oct 17 (APAC Media): Crude oil prices surged on Friday amid escalating tensions in the Middle East, with Iran intensifying attacks in the Strait of Hormuz, Houthi militants launching missiles at Saudi Arabia, and Ukraine pledging to continue strikes on Russian oil refineries. Brent crude futures climbed to a session high of $110 a […] The post Brent Crude Hits $110 as Iran Escalates Hormuz Attacks, Ukraine Targets Russian Refineries first…

Brent hits $110 as Hormuz ship attacks, Houthi strikes on Saudi trigger oil rally - BusinessToday

The combination of targeted refinery attacks in Russia, active missile strikes targeting Saudi infrastructure, and maritime blockades in the Strait of Hormuz left international markets facing simultaneous supply disruptions across both crude extraction and export logistics.