Cargo shipsGovernment leadersLive flights

Oil Climbs on Threats of a Widening War in Middle East

Bloomberg Markets23 October 2026, 10:58 UTCIran

Brent oil traded at the highest level since May on Friday. Iran-backed Houthi militants claimed recent attacks on the Saudi Red Sea port of Yanbu, as well as deadly strikes on an oil field and airport in the kingdom. The flareup threatens to widen hostilities around the Strait of Hormuz, where crude exports have recovered to near prewar levels. Abeer Abu Omar reports on Bloomberg Television. (Source: Bloomberg)

Read the full story at Bloomberg Markets Open in the live monitor

On the map

Masoud PezeshkianGovernment leadersIran23 October 2026, 08:20 UTC
Abbas AraghchiGovernment leadersIran22 October 2026, 13:34 UTC

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about Iran

هل توسّع إيران دائرة أهدافها لتشمل المصالح الاقتصادية الأمريكية في المنطقة؟France 24 (ar)23 October 2026, 11:47 UTCIranترى طهران في استمرار الحصار والتحركات العسكرية الأمريكية والإسرائيلية مؤشرات على احتمال تجدد المواجهة. ومع تصاعد التهديدات، يلوّح مسؤولون إيرانيون باستهداف شركات ومصالح استراتيجية أمريكية في المنطق...
Kész a célpontlista, újabb amerikai–izraeli támadás jöhet Irán ellen novemberbenIndex.hu23 October 2026, 11:41 UTCIranEgy teheráni jogász szerint a háború hullámai Európáig érnének.
Iran 'deliberately undermining Iraq’s security', says Al Zaidi adviserThe National23 October 2026, 11:35 UTCIran
Oil hits five-month high amid fears US will renew strikes on IranGuardian World23 October 2026, 11:35 UTCIranGovernment leadersBrent crude rises to $114.72 a barrel after Tehran threatens retaliatory attacks on Gulf oil and tech facilitiesBusiness live – latest updatesOil has hit its highest level in more than five months...
SLB Sees Growth Driven by Middle East Oil Field RecoveryBloomberg Markets23 October 2026, 11:27 UTCIranSLB, the world’s biggest oil field services provider, said it has seen a gradual recovery in its Middle East business despite disruptions from the Iran war.
Military reinforcements move to Mideast. And, millions of Americans vote earlyNPR News23 October 2026, 11:22 UTCIranMilitary reinforcements are heading to the Middle East and some personnel have left the region, pointing to a potential attack on Iran. And, millions of Americans have already voted in the midterms.
Brent: Geopolitical tensions push prices higher - CommerzbankFXStreet23 October 2026, 11:21 UTCIranCommerzbank’s FX Research team notes that Brent Oil rose 4% to USD113.17 as attacks on Saudi Arabian infrastructure raised fears of supply disruption. Additional reports of possible renewed US and...
EEUU asegura que su bloqueo a Irán impidió la exportación de crudo por valor de más de 22.000 millones de eurosInfobae Americas23 October 2026, 10:46 UTCIran

More on Cargo ships

Istanbul Summit: Turkey and Europe negotiate with the Middle East to secure the Strait of Hormuz - AtalayarGoogle News23 October 2026, 12:00 UTCTurkeyCargo shipsIstanbul Summit: Turkey and Europe negotiate with the Middle East to secure the Strait of Hormuz Atalayar
One Dead, Crew Members Missing After Ship Sinks off RomaniaBalkan Insight23 October 2026, 11:55 UTCRomaniaCargo shipsA commercial vessel has sunk in the Black Sea off the coast of Romania, after reportedly being hit by a drone.
Black Sea Ship Sinks in New Deadly Drone Strike Blamed on RussiaBloomberg Politics23 October 2026, 11:42 UTCRomaniaBombardmentsA Ukrainian-crewed vessel sank near Romanian territorial waters after a drone strike, killing one, in the latest such attack in the Black Sea for which President Nicusor Dan has blamed Russia.
Yemen, Bab al-Mandab and Saudi Arabia: Tehran’s strategic calculus in the balanceMiddle East Eye23 October 2026, 11:25 UTCYemenCargo shipsYemen, Bab al-Mandab and Saudi Arabia: Tehran’s strategic calculus in the balance Submitted by MEE correspondent on Tue, 10/20/2026 - 10:40 The Houthi blockade of the Red Sea benefits Iran but also...
South Korean Shipowner Sinokor Dominates Hormuz Transits as Oil Flows ReboundgCaptain23 October 2026, 11:14 UTCSouth KoreaCargo shipsA little-known South Korean shipowner dominated oil transits through the Strait of Hormuz in September, data from intelligence firms suggest, with the group’s vessels moving more barrels than the n...
Romania blames Russia for drone that sinks cargo ship; 1 killed, 3 missingStraits Times23 October 2026, 10:51 UTCRomaniaGovernment leadersBUCHAREST, Oct 23 - Romanian President Nicusor Dan accused Russia of escalating its attacks on NATO's eastern flank on Friday, after a drone strike sank a cargo ship off the Romanian Black Sea coas...