Brent Crude Tops $116: What Rising Iran Tensions Could Mean for Your Gas Tank
Brent crude topped $116 a barrel and WTI rose 3.8% this week as Middle East tensions rose, CNBC reported. Here is how that barrel price could reach your pump.
Brent crude topped $116 a barrel and WTI rose 3.8% this week as Middle East tensions rose, CNBC reported. Here is how that barrel price could reach your pump.
Audi plans a $4 billion SUV plant in Georgia after US tariffs cost it 1.2 billion euros last year. Tariffs on German vehicles are now 15%, down from 25%, CNBC reports.
Ukrainian drone strikes have cut Russia’s diesel exports by more than 75%, to 141,000 barrels a day, CNBC reports. Here is how tighter diesel supply could reach US freight and pump costs.
Brent crude rose 3.1% to $112.20 a barrel on October 22 as the US and Israel reportedly weigh new Iran strikes, CNBC reports, a day after oil eased on reports of improving Strait of Hormuz traffic.
A New Jersey food importer sued Oct. 20, 2026, over Trump’s 50% Section 338 tariffs on Canadian goods such as wine and honey. See what a 50% duty adds to import costs.
Brent crude rose 0.86% to $109.73 a barrel on Oct. 21, 2026 amid tanker attacks near the Strait of Hormuz, per CNBC. Goldman Sachs says crude freight rates topped $20 a barrel.
Copper has risen 15.8% so far in 2026 and more than 30% over 12 months, CNBC reports, with investors citing AI, power-grid and defense demand. A hypothetical look at copper materials costs.
Brent crude traded near $110 a barrel on October 20, near a five-month high, as traders priced in risk from claimed Houthi attacks on Saudi sites, according to CNBC. A Russia sanctions waiver pulled oil down about 2% on Monday, per Fortune.
France’s 10-year bond yield rose 7 basis points and the euro fell 0.15% against the dollar on October 19, 2026, amid mass protests, CNBC reports. Here is what it means for US travelers and shoppers.
Brent crude fell 2.38% to $107.25 a barrel on Monday as traders weighed more Russian supply after a US sanctions waiver, according to CNBC, while tanker attacks clouded the outlook. Here is what the move could mean for US fuel costs.