Politics
Oil hits $110 per barrel for first time since May
The Hill·October 16, 2026·1 min read
Brent crude oil hit $110 per barrel on Friday, the first time since May 20, as persistent shocks from the U.S.-Iran and Russia-Ukraine wars continue to disrupt supply. The international benchmark reached the level during Friday trading, reflecting ongoing geopolitical instability and its impact on global energy markets.
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