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ConflictSaudi Arabia·22 Oct 2026

Brent Oil Prices Rise Amid Reported Gulf Tanker Attacks and Saudi Strikes

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Brent crude futures rose to $112.25 per barrel on Thursday following reports of increased kinetic activity in the Persian Gulf and Saudi Arabia. The Iranian Revolutionary Guard Corps (IRGC) claimed to have struck seven oil tankers near the Strait of Hormuz, while a separate drone strike on the Saudi Aramco Shaybah oil field killed two people and another…

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