World news brief
Oil price rises above $115 a barrel amid fears US will renew strikes on Iran
NEWS DESKWorld
PUBLISHEDOct 23, 2026, 1:27 PM
What the source reports
Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres Business live – latest updates Oil has hit its highest level in more than five months as fears of fresh escalation in the Middle East conflict grip the energy markets.
Brent crude, the international benchmark for oil, rose by 1% on Friday morning to above $115 a barrel – its highest level since May. Continue…
Main source: The Guardian World
TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.
Read the complete report ↗