October 16, 2026Commodities·Bearish·commodities
Brent crude tops $111 a barrel after US strikes Iran's Konarak naval base
Brent crude surged past $111 a barrel, its highest level since May 6, after the US struck Iran's Konarak Naval Base, escalating Middle East tensions. Brent is up 2.6% from today's low. US gasoline now averages $4.33 a gallon as inflation expectations rise.
Detected & updated continuously · Source: Nebula
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Brent crude