Brent near five-month high as tanker attacks threaten supply: Oct 21, 2026
Brent is hovering near a five-month high, holding above $108 and topping $110 at one point, as tanker attacks in the Persian Gulf and threats involving Hormuz and Houthi forces raised concern about supply recovery. The market has also seen choppy trading on London's ICE, with reports of declines of more than 2.7% and over 3% alongside Iran's warning of a wider blockade.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the Brent page.
Headlines (8)
Carried over from earlier days
- Price of Brent oil down over 2.7% on London’s ICETASS
- Wright Says Gas Prices Peaked As Brent Holds Above $108OilPrice.com
- Oil Prices Hover Near Five-Month Highrigzone.com
- Goldman Sachs sees $25 war risk premium in Brent, forecasts $90 in December and $80 in 2027InvestingLive
- Brent Tops $110 as Tanker Attacks Threaten Persian Gulf SupplyOilPrice.com
- WTI rises above $99.00 as Iran warns of wider blockadeFXStreet
- Oil hovers near five-month high as Hormuz, Houthi attacks threaten supply recoveryHellenic Shipping News
- Brent price moves to negative territory on London’s ICE losing over 3%TASS
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, October 21 | ||
| Foreign Direct Investment ytd/y | CNY | |
| Crude Oil Inventories | -0.1M | USD |
| Thursday, October 22 | ||
| IPPI m/m | 0.9% | CAD |
| RMPI m/m | 3.1% | CAD |
| Unemployment Claims | 200K | USD |
| NHPI m/m | -0.1% | CAD |
| CB Leading Index m/m | -0.1% | USD |
| Natural Gas Storage | 83B | USD |