বাংলা E-Paper 📍 Dhaka 📅 Friday | 30 October 2026, 14 Kartik 1433 PID registration number 06
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Oil prices rise after several tankers reported to have hit mines

Published : Friday, 30 October, 2026 at 1:24 PM
Observer Online Report
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Oil prices are continuing their upward trajectory on Friday and are on track for a fourth consecutive monthly gain. The increase came after a number of tankers were reported to have hit mines in the Strait of Hormuz, highlighting ongoing supply risks as the US-Israel conflict with Iran entered its eighth month.

Brent crude futures for December gained $1.20, or 1.04 percent, to reach $116.08 a barrel as of 03:23 GMT, while US West Texas Intermediate (WTI) crude futures went up $1.37, or 1.34 percent, to $103.37 a barrel.

For the month, Brent was on course to finish nearly 11 percent higher, while WTI was heading for a 14 percent jump.


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