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Oil hits five-month high of $110 on new escalation in Middle East

Katherine Langford

Editor-in-Chief · Friday, October 16, 2026 at 10:57 PM · 1 min read

Oil hits five-month high of $110 on new escalation in Middle East — Financial Times, Los Angeles Business news — Image: Financial Times

Brent prices jump on reports that Saudi Arabia-led forces intercepted and destroyed missiles aimed at critical energy hubs

Up next‘Inflation will make people poor’: Airlines brace for years of pain Business · 1 min read

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