# Oil prices hit five-month high as attacks threaten global supply

https://mins.news/en/item/110998

- The Guardian, 2026-10-22 11:28 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/oct/22/oil-prices-jump-five-month-high-threats-supply

> Oil rose 3% to $112 a barrel on Thursday, its highest level in five months, after attacks in Saudi Arabia and incidents involving tankers near the Strait of Hormuz raised concerns about global crude supply. Iran’s Revolutionary Guard said it hit four vessels in the northern Gulf and that three others struck mines near the strait.

## Related coverage

- [Oil jumps more than $2 as Middle East tensions escalate](https://mins.news/en/item/110647) — Reuters, 2026-10-22
- [Oil tops $110 as traders weigh Middle East supply risks](https://mins.news/en/video/108215) — euronews, 2026-10-20
- [Global oil prices reach five-month high amid attacks on ships and facilities](https://mins.news/en/item/108123) — ABC News, 2026-10-20
