10/18/2026
Political Picture Ā· international

Oil hits $110 per barrel for first time since May

Filed by Deacon Rift
Oil hits $110 per barrel for first time since May
An international oil benchmark hit $110 per barrel on Friday, as the industry faces persistent shocks from the U.S.-Iran and Russia-Ukraine wars. The price of Brent crude oil, the international standard, hit $110 during Friday trading. That marked the first time it has reached that high since May 20, less than three months after the…
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Deacon Rift
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Oil hits $110 per barrel for first time since May — Political Picture