Brent crude rose about 1% to $114.72 a barrel on Friday, its highest since May, after Tehran said it would strike Gulf oil facilities, undersea cables and datacentres if a new US-Israeli attack were launched; oil traded near $72 in February, before the Iran war began. The Guardian
the GuardianOil hits five-month high amid fears US will renew strikes on IranBrent crude rises to $114.72 a barrel after Tehran threatens retaliatory attacks on Gulf oil and tech facilities
Analysts are pricing in the chance of strikes after the November 3 US election; how much of an oil price is a forecast of events versus a reaction to them?
