Brent holds near $109 as tanker attacks raise supply concerns: Oct 19, 2026
Brent crude topped $110 and hovered near $109 a barrel after reports of tankers hit off the Saudi coast and catching fire in the Strait of Hormuz, alongside Ukraine resuming energy strikes. The developments matter for oil because damaged vessels and competing US and Iranian claims over control of the Strait of Hormuz keep attention on shipping and tight supply into 2027.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the Brent page.
Headlines (10)
First seen on October 19
- Oil and Geopolitics in Focus After Turbulent WeekendActionForex
- Oil: Brent eases after US Russia waiver – Danske BankFXStreet
Carried over from earlier days
- Bitcoin Under Pressure as Trump Reportedly Prepares to Strike Iran Within 24 HoursCryptoPotato
- US and Iran both claim control of Strait of Hormuz amid attacks on vesselsAl Jazeera
- Two More Tankers Hit Off Saudi Coast As Brent Tops $110ZeroHedge
- Europe Braces for a Winter Energy Crisis as Gas Reserves Run LowOilPrice.com
- Oil prices may grow even further if Hormuz issue not settled — Russian deputy premierTASS
- Oil Prices Stay High as War Keeps Supply Tight Into 2027OilPrice.com
- Iran says two tankers catch fire after hitting mines in Strait of HormuzAl Jazeera
- Brent crude hovers near $109 a barrel as Ukraine resumes energy strikes, tankers attacked in Middle EastCNBC
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 19 | ||
| New Home Prices m/m | CNY | |
| Retail Sales y/y | 0.5% | CNY |
| Industrial Production y/y | 5.4% | CNY |
| Fixed Asset Investment ytd/y | -7.3% | CNY |
| GDP q/y | 4.4% | CNY |
| Unemployment Rate | 5.3% | CNY |
| NBS Press Conference | CNY | |
| Foreign Direct Investment ytd/y | CNY | |