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?
Update: Brent crude rose about 3.5% on Friday to pass $117 a barrel at one point, its highest since April, as Tehran threatened retaliatory attacks on Gulf refineries and datacentres. The Guardian
the GuardianOil price rises above $117 a barrel amid fears US will renew strikes on IranBrent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres
Update: Iran blamed the US for the failure of a deal and urged a new attempt, warning that even limited strikes would trigger a response "several times greater", Al Jazeera.
Al JazeeraIran blames US for deal failure, urges new try amid fear of new attacksTehran warns that even limited strikes would trigger a response 'several times greater'.
Update: Brent crude slid below $110 on Monday as hopes grew for an Iran deal. CoinDesk
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