Brent tops $114 on fears of renewed US strikes on Iran: Oct 24, 2026
Brent crude rose above $114 per barrel to its highest since June 2022, with one report putting the intraday high above $116. The move followed fears of renewed US strikes on Iran, escalated conflict around Iran and Houthi attacks threatening Saudi energy infrastructure. The jump in oil prices coincided with broad pressure on world stock markets.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the Brent page.
Headlines (9)
Carried over from earlier days
- Oil prices gain more than $1 after Yemen strikes on KSAen.mehrnews.com
- Citi’s $60 Oil Call Meets $112 BrentOilPrice.com
- Sharp drops for AI stocks overwhelm markets worldwide as oil prices jumpThe Guardian
- Price of Brent oil up above $114 per barrel on ICE first since MayTASS
- Brent Hits $114 as Houthi Attacks Threaten Saudi Energy InfrastructureOilPrice.com
- Oil prices exceed $114 a barrel amid escalated war on Iranen.mehrnews.com
- Oil Hits $114 Intradayrigzone.com
- Brent crude hits highest since June 2022 on fears of renewed US strikes on Iranaa.com.tr
- Brent Tops $116 as Middle East Risks Growrigzone.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 25 | ||
| Fed Monetary Policy Report | USD | |
| Tuesday, October 27 | ||
| ADP Weekly Employment Change | USD | |
| Durable Goods Orders m/m | 1.8% | USD |
| Core Durable Goods Orders m/m | 0.6% | USD |
| S&P/CS Composite-20 HPI y/y | 2.7% | USD |
| HPI m/m | 0.1% | USD |
| CB Consumer Confidence | 80.5 | USD |
| New Home Sales | 649K | USD |