E-Paper | October 20, 2026

US oil price soars over 5pc on Mideast conflict

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The main US oil contract has soared more than five per cent in trading on increased concerns over tight supplies as a result of the Middle East conflict, AFP reports.

West Texas Intermediate has surged 5.7pc to $109.60 per barrel.

The main international benchmark, Brent North Sea crude, has jumped 2pc to $111.69 per barrel.

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