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Geopolitics23 October 2026

Oil futures rise as Saudi attacks and U.S.-Iran risks persist, Brent climbs above $110

via MarketWatch

Brent crude rebounded near $110 per barrel, a five-month high, on mounting concerns over fresh escalation in the Middle East conflict. Attacks on Saudi Arabia's Red Sea port and energy facilities by Houthi militants have increased geopolitical risk premiums. Traders should watch for further volatility in oil, equity indices, and USD pairs.

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