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Tuesday, October 20, 2026Updated 15:44 UTC

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U.S. oil surges to top $110, Brent crude at five-month high amid Mideast tensions

Source: CNBC · Oct 20, 2026 11:49 UTC

Oil refinery towers and pipes with a city skyline in the distance — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Oil extended its rally on Tuesday as investors continued to monitor developments in the Middle East.

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