Event Brief
UPDATED Oct 20, 2026 at 12:00 PM ET
Oct 20, 2026 at 5:08 AM ET
Oil prices top $111 amid Middle East attacks
By The BriefBrief
Global oil prices reached a five-month high on Tuesday, with Brent crude futures topping $111 a barrel before retreating to $110.30. Prices have risen more than 55% since the Iran war began in late February. The rise came amid attacks on oil tankers and infrastructure and an ongoing oil shortage; UKMTO issued an advisory after receiving a report of an incident involving a tanker and military forces off Oman.
WHO: Global oil markets
WHAT: Global oil prices climbed to a five-month high, with Brent crude futures topping $111 a barrel.
WHEN: Oct 20, 2026
WHERE: Global
WHY: Prices rose amid reported attacks on oil tankers and infrastructure and an ongoing oil shortage.
How this story developed (showing 3 of 3 earlier reports)
Reporting from 5 identified publishers across this event arc.
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How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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