Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions

The Express Tribune • Oct 22, 2026

Brent crude futures rise $1.29, or 1.2%, to $110.11 a barrel

Brent prices rose to their highest since ‌May on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to crude oil supplies from the world's key exporting region. Brent crude futures climbed $3.35 or 3.08% to $112.17 a barrel, the highest since May 18. They hit $112.55 a barrel earlier ​in the session. US West Texas Intermediate crude gained...