# Brent touches $110 as Iran steps up Hormuz attacks; Ukraine vows to hit Russian refineries

https://mins.news/en/item/103648

- CNBC, 2026-10-16 19:30 UTC
- Economy
- Original: https://www.cnbc.com/2026/10/16/oil-price-today-iran-strait-hormuz-ukraine-russia.html

> U.S. crude prices jumped sharply Friday after Iran escalated attacks in the Strait of Hormuz this week. The headline also says Brent reached $110 and Ukraine vowed to target Russian refineries.

## Related coverage

- [Brent hits five-month high above $110 amid continuing Middle East tensions](https://mins.news/en/item/103835) — Financial Times, 2026-10-16
- [Oil prices surge to nearly $110 a barrel](https://mins.news/en/item/103536) — NBC News, 2026-10-16
- [Oil Gains as Middle East and Russia Hostilities Threaten Flows](https://mins.news/en/video/100661) — Bloomberg Television, 2026-10-15