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Oil Rises with Plans of New Attacks on Iran

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Illustrative image Photo: PexelsPetroleum rises with fears of escalation in the Middle East and plans of new US attacks on Iran
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Brent oil topped $111 a barrel as European stocks tumble due to possible new attacks on Iran.

The price of Brent oil rose to more than $111 a barrel today and European stock indexes fell after announcements that the US and Israeli militaries were considering new attacks on Iran.

Illustrative image Photo: PexelsPetroleum rises with fears of escalation in the Middle East and plans of new US attacks on Iran

Despite a significant increase in oil flows from the Persian Gulf and while the first cargo of Russian diesel arrives in the US today, the rally in oil prices continues. The… Oil: Fears of new strikes on Iran send prices soaring - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ

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Naftemporiki broke the news on Thursday, October 22, 2026.
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