Crude nears $107 as Middle East attacks escalate

🌐 Punch Nigeria (Nigeria) — 2026-10-13

Brent crude climbed to nearly $107 per barrel after fresh attacks on Saudi Arabia and oil tankers near the Strait of Hormuz. The escalation links regional security risks with potential disruption to oil supplies and shipping.

Brent crude oil prices rose to nearly $107 per barrel on Monday following fresh attacks on Saudi Arabia and oil tankers near the Strait of Hormuz. Read More: https://punchng.com/crude-nears-107-as-middle-east-attacks-escalate/

Security Conflict Markets Commodities Energy Shipping Brent crude oil prices Saudi Arabia Strait of Hormuz tanker attacks Middle East escalation

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Crude nears $107 as Middle East attacks escalate

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Crude nears $107 as Middle East attacks escalate

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