# Oil Rises on Threat of Wider Middle East War

https://mins.news/en/video/112984

- Bloomberg Television, 2026-10-23 15:25 UTC
- Economy
- Original: https://www.youtube.com/watch?v=pm8nQQlbAQQ

> Brent crude traded at its highest level since May on Friday. Iran-backed Houthi militants claimed recent attacks on Saudi Arabia’s Red Sea port of Yanbu, along with deadly strikes on an oil field and an airport in the kingdom. The flare-up could widen hostilities around the Strait of Hormuz, where crude exports have nearly recovered to prewar levels.

## Related coverage

- [Oil hits five-month high as fears grow of renewed US strikes on Iran](https://mins.news/en/item/112640) — The Guardian, 2026-10-23
- [Oil Set for Weekly Gain as Supply Risks Grow](https://mins.news/en/video/112251) — Bloomberg Television, 2026-10-23
- [Houthis Step Up Attacks on Saudi Arabia, Sending Oil Higher](https://mins.news/en/video/111369) — Bloomberg Television, 2026-10-22
- [Oil prices hit five-month high as attacks threaten global supply](https://mins.news/en/item/110998) — The Guardian, 2026-10-22
- [Oil jumps more than $2 as Middle East tensions escalate](https://mins.news/en/item/110647) — Reuters, 2026-10-22
- [Oil prices climb as traders assess Middle East developments](https://mins.news/en/item/108918) — CNBC, 2026-10-21
