Oil surges above $111 as Iran claims attacks on seven vessels
Global crude oil prices surged above $111 per barrel on Thursday, October 22, 2026, as Iran claimed that seven vessels had been hit in separate incidents around the Persian Gulf and Strait of Hormuz, raising fresh concerns over disruptions to global energy supplies. The post Oil surges above $111 as Iran claims attacks on seven vessels appeared first on Nairametrics .
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