Thursday, October 22, 2026

Rising Middle East tensions pull oil higher, Brent trades at $110

Oil prices ticked up on Thursday following further Houthi attacks in Saudi Arabia, which led the United States to instruct certain diplomatic staff and dependents to depart its facilities in the kingdom.

Brent crude futures gained $1.29, or 1.2 percent, to reach $110.11 a barrel as of 00:34 GMT, while US West Texas Intermediate (WTI) crude climbed 97 cents, or 1 percent, to trade at $98.12. Brent had ended the previous session broadly steady on Wednesday, whereas WTI fell by 67 cents.

The US State Department also intends to pull family members from several additional diplomatic outposts across the region, according to US officials speaking to the Reuters news agency.

ℹ️ Content Notice: This text is an English translation and factual adaptation of news events, edited for clarity and objective reporting.
Source of information: News Agency e.g.: REUTERS / TASS / AFP / ANADOLU / INT.RU /Al Jazeera / CNN / AlArabiya

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