October 21, 2026

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Brent oil touches $110 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineries

Business CNBC
Image: CNBC

U.S. crude oil prices rose sharply Friday as Iran escalated attacks in the Strait of Hormuz this week.

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

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