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Brent January Futs Hit New Highs As Oil Market Braces For Post-Midterm Gulf Escalation

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Brent January Futs Hit New Highs As Oil Market Braces For Post-Midterm Gulf Escalation Brent crude futures tagged $118 a barrel early Friday, touching a six-month high as more attacks on commercial vessels in the Strait of Hormuz and on Saudi energy assets raised concerns about a potential flare-up in the Gulf conflict after next week's US midterm elections . President Trump continues to receive briefings on military options against Iran, according to a new Wall Street Journal report. Trump has signaled that a " brief Epic Fury " could resume after Tuesday's midterm elections. A letter sent…

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    Brent January Futs Hit New Highs As Oil Market Braces For Post-Midterm Gulf Escalation

    Brent January Futs Hit New Highs As Oil Market Braces For Post-Midterm Gulf Escalation Brent crude futures tagged $118 a barrel early Friday, touching a six-month high as more attacks on commercial vessels in the Strait of Hormuz and on Saudi energy assets raised concerns...

    Low reliability sourceElevated risk