# Oil prices soar 14% in October to end at 6-month high as US weighs fresh attacks after midterm elections. More upside ahead?

- Source: Economic Times
- Published: 2026-10-31T04:41:11+00:00
- Category: Local
- Original: https://economictimes.indiatimes.com/markets/commodities/news/oil-prices-soar-14-in-october-to-end-at-6-month-high-as-us-weighs-fresh-attacks-after-midterm-elections-more-upside-ahead/articleshow/135388221.cms
- Canonical: https://groundlevelnews.com/story/oil-prices-soar-14-in-october-to-end-at-6-month-high-as-us-weighs-fres-0a3bdc/

Brent crude rose 13.6% in October to settle at a six-month high of $117.64 a barrel, as fears of fresh US strikes on Iran and threats to shipping through the Strait of Hormuz fuelled supply concerns. Analysts warn of further volatility, with Goldman Sachs flagging a possible rise to $120.

_Ground Level News shows a short summary only; the full article and all rights belong to Economic Times._