Oil prices ease from five-month high as traders weigh Middle East supply risks

Summary

Oil prices remained near a five-month high as traders weighed Middle East supply risks linked to the war with Iran. Euronews reported that Brent crude stayed at that high, above $110, with uncertainty over when energy supplies would return to normal keeping prices elevated. Hindustan Times reported that oil prices fell from the five-month high after Trump eased Russia sanctions, while Middle East tensions continued to raise global supply fears.

Timeline

1. Hindustan Times

   19 Oct 2026, 13:11 UTCSource ↗

   Reports that oil prices fell from a five-month high as Trump eased Russia sanctions, while Middle East supply fears persisted.

2. Euronews

   20 Oct 2026, 08:02 UTCSource ↗

   Reports that Brent crude remained at a five-month high, topping $110, as uncertainty over when energy supplies will return to normal amid the war with Iran kept oil prices inflated.