Business & Finance
Oil price rises above $117 a barrel amid fears US will renew strikes on Iran
TL;DR
- Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres Oil has hit its highest level in more than six months as fears of fresh escalation in the Middle East conflict grip the energy markets.
Short summary
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Oct 23, 2026 · Updated 10/28/2026, 7:48:00 PM · Reported with: The Guardian Business
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