Shea Levin · Oct 20, 2026
Shea Levin — text status
🛢️ OIL PRICES SURGE AMID GULF SECURITY THREATS
- Brent crude rose about 1.8% to $111 a barrel, while U.S. WTI climbed 2% to around $100.50. Prices rose amid Houthi claims of attacks on Saudi energy sites and reports of a tanker striking a mine near the Strait of Hormuz, outweighing the easing of U.S. sanctions on Russian oil exports.



