Oil Prices - ReportRig.com

Oil pumpjacks operating in a desert oil field at sunset

Brent Crude Tops $111 as Iran Strike Plans Rattle Oil Markets

Oil prices surged on Thursday as reports that the United States and Israel have drawn up plans for renewed strikes on Iran rattled energy markets already on edge over Houthi…

ReportRig.com October 22, 2026

An oil tanker in the Strait of Hormuz at sunset as Brent crude climbed above $110 on escalating ship attacks.

BREAKING NEWS

Brent Crude Tops $110 as Hormuz Ship Attacks Escalate

Oil is trading above $110 a barrel again, reaching five-month highs, as investors grow increasingly concerned about potential new Iranian action in the Strait of Hormuz — the critical maritime…

ReportRig.com October 21, 2026

An oil refinery with gas flares burning at night.

News

Brent Nears $110 as Houthi Strikes Hit Saudi Oil Targets

Brent crude surged to near $110 a barrel this week as Yemen's Houthi movement expanded attacks on Saudi oil infrastructure, airports and military sites — intensifying fears of a supply…

ReportRig.com October 21, 2026

News

BREAKING: Oil Soars Above $100 a Barrel After Red Sea Tanker Attacks Raise Fears of Wider Middle East Conflict

London (CNN) — Oil prices surged above $100 a barrel on Thursday, sending shockwaves through global financial markets after attacks on oil tankers in the Red Sea heightened fears that…

ReportRig.com July 23, 2026