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Brent crude oil tops $116, a six-month high, as tensions swell in the Middle East
CNBC ^ | October 23, 2026 | Spencer Kimball

Posted on 10/23/2026 3:40:38 PM PDT by Trump20162020

Brent crude oil rose to a six-month high on Friday, as investors increasingly expect the U.S. to resume strikes on Iran in the coming weeks.

President Donald Trump said Wednesday that the U.S. was not negotiating with Iran and something would happen “fairly soon.” His cryptic remarks came as U.S. officials told The New York Times that the U.S. and Israel have plans for fresh strikes on Iran after the midterm elections.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy
KEYWORDS: 5thcolumnonfr; affordabilitytrope; brownie1heckofajob; iran; lookwholovesiran; oil; tds; tds20162020; troll20162020

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1 posted on 10/23/2026 3:40:38 PM PDT by Trump20162020
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To: Trump20162020

What people don’t understand is that this benefits the United States.


2 posted on 10/23/2026 4:12:51 PM PDT by Kleon
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To: Kleon

It benefits me every time I fill up, or how everything is more expensive?


3 posted on 10/23/2026 4:17:52 PM PDT by tlozo (“Russia war-Either money today or blood tomorrow," Polish Prime Minister Donald Tusk)
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To: Kleon
What people don’t understand is that this benefits the United States.

Yeah? PLease 'splain because yo no comprendo. Question...do you happen work for Exxon/Mobil, Valero, Chevron, or...?
4 posted on 10/23/2026 4:24:54 PM PDT by know.your.why
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To: tlozo

Gas prices have dropped 15c where I live. Reduced demand and Winter blends. Also El Nino means the Northern part of the country will be warmer with less snow...meaning less demand for heating oil.


5 posted on 10/23/2026 4:41:18 PM PDT by kaktuskid (And )
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To: Trump20162020

The war that hurts the world is the Ukraine/Russian war. That war was started by our MFing Deep State/NSTO, and the UK/EU that began pilfering Russia’s resources as soon as the Russian people overthrew Communism.

END OF STORY.

In the end we will all know what they did to us all, when we all stand before the Lord of Heaven snd Esrth.


6 posted on 10/23/2026 4:47:18 PM PDT by Dogbert41 (“Blessed are the peacemakers, for they will be called children of God” -Matthew 5:9)
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To: kaktuskid
We need almost a $2 drop in diesel.

The national average price for a gallon of diesel is $6.28 (according to the U.S. Energy Information Administration) or about $6.32 to $6.33 (according to AAA Fuel Prices)

7 posted on 10/23/2026 4:47:50 PM PDT by tlozo (“Russia war-Either money today or blood tomorrow," Polish Prime Minister Donald Tusk)
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To: Dogbert41
The war that hurts the world is the Ukraine/Russian war

Sure, because this current price hike only started with the Iran War and the closing of the Strait of Hormuz where Middle Eastern oil and diesel happens to cross.

Middle East produces almost twice as much diesel as Russia, and was shipped through the Strait of Hormuz.


8 posted on 10/23/2026 4:53:56 PM PDT by tlozo (“Russia war-Either money today or blood tomorrow," Polish Prime Minister Donald Tusk)
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To: Trump20162020

But we are told oil is flowing out of the Strait of Hormuz at the level of before the war.


9 posted on 10/23/2026 4:54:16 PM PDT by McGruff
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To: kaktuskid

They went up $.28 a gallon overnight here.


10 posted on 10/23/2026 4:58:49 PM PDT by nonliberal (Pinochet did nothing wrong.)
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To: Dogbert41

Don’t let the Zeepers hear you say that.


11 posted on 10/23/2026 4:59:43 PM PDT by nonliberal (Pinochet did nothing wrong.)
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To: Kleon

Still waiting for it to benefit me.


12 posted on 10/23/2026 5:01:03 PM PDT by roving
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To: Trump20162020

Things are going so badly for the Dems now they eleites are spiking oil futures for no reason other than to throw the election.


13 posted on 10/23/2026 5:05:34 PM PDT by SecondAmendment (Political insight on loan from Rush Limbaugh)
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To: Trump20162020

https://www.youtube.com/shorts/vcNr9sKwdrg

14 posted on 10/23/2026 5:54:29 PM PDT by Karl Spooner
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To: All
Missing from all of the discussions on these threads about gas prices is actually how high diesel has become. What do diesel prices affect? Everything you buy.

After Biden's inflation fiasco ended and gas prices came down, the prices of goods didn't. They never do.... and they won't here either.

This is what the low information voter sees and those low info's vote accordingly. Forget the dyed-in-the-wool Democrat voters. They vote Dum each and everytime.

15 posted on 10/23/2026 6:35:27 PM PDT by Negan
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