Brent: Geopolitical tensions push prices higher - Commerzbank

FXStreet23 October 2026, 11:21 UTCIran

Commerzbank’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 Israeli strikes on Iran after US mid-term elections added to geopolitical uncertainty.

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