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Oil Hits $117, Highest Since April, on Trump's Iran Strike Hint

timesnownews.com — October 24, 2026 at 01:01 AM UTC

Oil prices surged to $117 a barrel, the highest since April, after President Trump hinted at possible fresh strikes against Iran, raising fears of escalating conflict and renewed inflation. Brent crude rose 3.8% to $117.45 before settling at $116.72, driven by concerns over intensified US-Israeli attacks post-midterms, dwindling inventories, and Iranian strikes on tankers in the Strait of Hormuz. US ambassador Tom Barrack said a strike this weekend was possible. Analysts warn prices could hit $150 if conflict damages oil infrastructure. October is the worst month for shipping attacks in the region, with Saudi Aramco evacuating its headquarters and the US authorizing emergency reserve exchanges. Germany also released strategic reserves, while a Russian diesel shipment headed to the US.

With a significance score of 2.5, this news ranks in the top 17% of today's 31905 analyzed articles.

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Oil Hits $117, Highest Since April, on Trump's Iran Strike Hint | News Minimalist

Most significant articles on this story:

[6.0]

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[5.6]

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1d 23h

[5.6]

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[5.6]

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[5.6]

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[5.5]

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[5.4]

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[5.3]

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[5.1]

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[5.1]

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[5.0]

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[5.0]

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[5.0]

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[5.0]

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[4.9]

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[4.9]

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[4.9]

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[4.9]

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[4.9]

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[4.8]

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[4.8]

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[4.8]

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[4.8]

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[4.7]

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[4.6]

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<1h

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[4.6]

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[4.6]

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[4.5]

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[4.5]

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[4.5]

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[4.5]

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[4.5]

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[4.5]

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[4.5]

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[4.4]

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[4.4]

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[4.4]

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[4.4]

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[4.4]

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[4.4]

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<1h

[4.4]

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[4.3]

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<1h

[4.3]

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<1h

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[4.3]

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[4.3]

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[4.3]

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[4.3]

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[4.3]

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[4.3]

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[4.3]

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[4.2]

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[4.2]

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[4.2]

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[4.2]

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[4.2]

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[4.2]

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[4.2]

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[4.2]

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[4.0]

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[4.0]

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[4.0]

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[3.9]

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[3.9]

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[3.9]

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[3.9]

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[3.9]

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[3.9]

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[3.8]

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[3.8]

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[3.8]

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[3.8]

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[3.7]

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[3.7]

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[3.7]

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[3.7]

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[3.7]

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[3.7]

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[3.6]

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[3.6]

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[3.6]

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[3.6]

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1d 15h

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[3.6]

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1d 12h

[3.6]

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1d 7h

[3.6]

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[3.6]

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<1h

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[3.6]

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1h

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[3.5]

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[3.5]

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1d 1h

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[3.5]

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1h

[3.5]

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7h

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[3.5]

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2h

[3.4]

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[3.4]

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5h

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[3.4]

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2h

[3.4]

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<1h

Link Source (Ukrainian)

[3.4]

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7h

Link Source (Spanish)

[3.4]

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1d 17h

[3.3]

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1h

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[3.3]

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1d 16h

Link Source (Malayalam)

[3.3]

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1d 21h

Link Source (French)

[3.3]

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3h

[3.3]

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15h

[3.3]

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1h

[3.3]

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<1h

Link Source (Ukrainian)

[3.2]

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1d 20h

Link Source (Ukrainian)

[3.2]

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<1h

[3.2]

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1h

Link Source (Malayalam)

[3.2]

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4h

[3.1]

Trump Vows to Address Cuba After Iran Conflict in Florida Rally (usnews.com)

5h

[3.1]

Rubio urges Cubans to seize moment for political change (theguardian.com)

3h

[3.1]

Trump threatens Cuba with warship deployment as talks continue (firstpost.com)

1h

[3.1]

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3h

[3.1]

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1d 22h

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[3.1]

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3h

[3.0]

Trump envoy suggests weekend strike on Iran despite White House pledge to wait (ynetnews.com)

7h

[3.0]

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1h

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[3.0]

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<1h

[3.0]

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3h

[3.0]

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1d 3h

[3.0]

US analysts see new Iran strikes likely after midterms (protothema.gr)

1h

Link Source (Greek)

[3.0]

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5h

Link Source (Greek)

[3.0]

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3h

[3.0]

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6h

[2.9]

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1h

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[2.9]

Trump Revives Cuba Intervention Idea at Florida Rally, Citing Iran Warships (usnews.com)

5h

[2.9]

Trump revives Cuba military intervention idea at South Florida rally (ctvnews.ca)

6h

[2.9]

Trump revives Cuba military stopover idea at Florida rally (clickondetroit.com)

6h

[2.9]

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12h

[2.9]

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1h

[2.9]

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<1h

[2.8]

US warns of new strikes on Iran as Tehran threatens Gulf cables (indiatoday.in)

2h

[2.8]

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4h

[2.8]

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3h

[2.8]

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7h

[2.7]

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2h

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[2.6]

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1d 5h

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[2.6]

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6h

[2.6]

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<1h

[2.6]

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6h

[2.6]

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1d 18h

[2.5]

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8h

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[2.5]

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1d 10h

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[2.5]

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5h

[2.4]

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9h

[2.3]

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4h

[2.2]

US ambassador says attack on Iran could 'absolutely' happen this weekend (nettavisen.no)

6h

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[2.2]

Trump says US not negotiating with Iran, hints at action soon (news18.com)

1d 22h

[2.1]

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1d 4h

Link Source (Greek)

[2.1]

Trump accuses Iran of raising oil prices before US midterms (naftemporiki.gr)

1d 11h

Link Source (Greek)

[2.1]

Trump weighs ending Iran war quickly or letting it wither (firstpost.com)

11h

[2.0]

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3h

[2.0]

Saudi Aramco orders staff to evacuate headquarters after strike (jagran.com)

1d 2h

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[1.9]

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1d 9h

[1.8]

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1h

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[1.5]

Trump claims Iran fakes Hormuz attacks to raise oil prices before midterms (firstpost.com)

22h

[1.5]

Trump accuses Iran of faking tanker attacks to raise oil prices before midterms (jpost.com)

1d 2h

[1.1]

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<1h