On the evening of October 23, Brent rose more than 1.8% to above $115 a barrel, its highest since early May, while WTI gained 1.7% to above $101. Prices were lifted after Iran-backed Houthi forces attacked Saudi energy infrastructure, airports and military facilities, prompting Saudi Aramco to evacuate its Dhahran headquarters. UBS analyst Giovanni Staunovo said the market still fears escalation, while XS analyst Linh Tran said the extent of actual supply disruption and the time needed to restore operations are key factors to watch. Deutsche Bank said the oil market has shifted from a surplus of 1.7 million barrels per day last year to a deficit of 1.8 million this year, and its 2027 scenarios range from Brent falling to $74 under a ceasefire to about $130 if fighting continues.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá dầu Brent chạm mốc 115 USD mỗi thùng
Read the original on VnExpress ↗
Keywords
oil pricesIranSaudi Arabiageopolitics
Open a keyword to see other news on the same topic.
Related tickers and likely impact
PLX
▼ Likely negativePetrolimex
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Integrated Oil & Gas |
| Market cap | 45,551 bn VND |
| P/E | 14.2 |
| P/B | 1.87 |
| Close on 10/23/2026 | 35.45 |
| Change that session | -1.12% |
VNINDEX
▼ Likely negativeRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
PVD
▲ Likely positivePetroVietNam
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Oil Equipment & Services |
| Market cap | 17,534 bn VND |
| P/E | 15.8 |
| P/B | 1.01 |
| Close on 10/23/2026 | 18.70 |
| Change that session | -1.06% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- U.S. pulls diplomats from Saudi Arabia as it reportedly readies Iran strikes after midterms
The U.S. has ordered non-emergency government employees and their families to leave Saudi Arabia as Houthi attacks on the kingdom escalate, and plans to withdraw family members from other regional missions. According to The New York Times, U.S. and Israeli militaries have drawn up plans for renewed strikes on Iran after next month's midterm elections, likely targeting energy infrastructure, nuclear facilities and missile and drone arsenals, though President Donald Trump has yet to approve them. In Saudi Arabia, a strike on King Fahd International Airport in Dammam killed at least 1 person and injured 8, while a drone attack on Saudi Aramco's Shaybah oil field killed 2. Kpler says Middle East oil flows through the Strait of Hormuz have recovered to near pre-war levels, and Brent crude has topped $110 a barrel.
- Iran says it has a 'new operational plan' if the U.S. resumes attacks, as shipping vessels report strikes
Senior Iranian security official Mohsen Rezaei warned that Tehran has prepared a new response plan, “far more devastating” than the 12-day and 40-day wars, for any renewed U.S.-Israeli attack. President Trump told Newsmax he does not intend to use nuclear weapons against Iran or deploy ground troops. Several commercial vessels around the Arabian Peninsula were attacked, including a tug hit by two unknown projectiles near the UAE on Sunday and a tanker struck by an RPG on Friday. Oil prices surged, with Brent settling at $109.86 per barrel (up 3.7%) and WTI rising 3.5% to $101.41. Saudi Arabia intercepted several missiles, including one aimed at the Yanbu oil export terminal, and Aramco's administrative building in Dhahran was hit earlier this week.
- Iran says it’s ‘counting the moments’ until it can attack American warships; Saudi Aramco facilities attacked as Houthi attacks escalate
Saudi officials said an administrative building of Saudi Aramco in Dhahran was struck overnight, causing a fire but no injuries, as the Iran-backed Houthis escalate attacks on the kingdom. Attacks on Riyadh’s airport caused multiple deaths and flight cancellations, and King Khalid International Airport remains closed until Saturday. IRGC chief Ali Ozmaei said Tehran is “counting the moments” until it can sink US warships approaching the Strait of Hormuz. Unverified reports said a cargo ship sank after hitting a mine there, while U.S. Central Command rejected Iranian claims of control and said US forces helped move more than 19 million barrels of crude through the strait. President Trump said US forces would not attack Iran before the November 3 midterm election.
- Oil rises amid growing Mideast tensions between Iran-backed Houthis and Saudi Arabia
Oil prices rose on supply-disruption fears as fighting between Saudi Arabia and Iran-backed Houthis escalated after a deadly Houthi attack on Riyadh's main airport. Brent crude for December delivery gained 1.24% to $107.02 a barrel, while WTI for November rose 1.18% to $95.25. According to Al Jazeera, a Saudi-led coalition struck Houthi energy terminals and fuel reserves in Yemen, though a spokesperson said precautions were taken to avoid civilian collateral damage. US–Iran tensions also simmered, with CENTCOM rejecting claims by Iran's IRGC Navy commander that the Strait of Hormuz was under Iranian control and that approaching US warships would be sunk. Hedge fund manager Paul Tudor Jones, who said on CNBC that he is long oil, believes prices could rally another $20-$25.
- Airport attacks put aviation in crosshairs of geopolitical conflicts
Deadly attacks on King Khalid International Airport in Riyadh, claimed by Yemen’s Iran-backed Houthis, killed at least 13 people and injured more than 300 when a projectile hit the terminals, the deadliest in the country in over a decade. Airlines have cancelled Middle East flights for days, weeks or months, and some may redeploy planes elsewhere; experts say civil aviation is now directly targeted and that drones remain hard to defend against. The FAA warned U.S. carriers about safety-of-flight risks in Saudi Arabia, and Delta postponed its Atlanta-Riyadh route to March, even as Saudi Arabia pushes tourism under Vision 2030. Wider conflict involving Iran has closed large parts of airspace, forcing longer routes that raise fuel costs, and Middle East seat capacity was down 5.7% in October from a year earlier, 2.2 million fewer seats according to OAG.
- Iran says Saudi Arabia and Houthis have yet to respond to mediation offer
Iranian Foreign Minister Abbas Araqchi said Tehran has not received any response from Saudi Arabia or the Houthis to its offer to mediate talks aimed at ending the fighting. In a television interview broadcast on October 20, he warned that any outside intervention would further complicate the situation and said Egypt had told Iran it would not intervene directly in the Yemen conflict. Earlier, Egypt pledged to provide Saudi Arabia with the defense support it needs, and a vote in Egypt's parliament on possible military action against the Houthis was postponed to October 26. Saudi Arabia is also expected to deposit $5.3 billion, plus $267.39 million in interest, into Egypt's central bank this month, supporting Egypt's struggling economy.
Related markets
Latest news
- Trump's executive order targets mortgage insurance, refinance costs. What it means for borrowers
President Donald Trump signed an executive order, “Decreasing Housing Costs for the American People,” to lower mortgage costs as rising interest rates and inflation weigh on homeownership. It directs federal agencies to proactively cancel mortgage insurance on eligible future loans once home equity reaches a set threshold, and to make a refinancing cost-reduction program permanent. Freddie Mac data show 30-year fixed-rate mortgages at 7.32% as of Oct. 23, while refinance demand was down 59% in mid-October from a year earlier. Keith Gumbinger of HSH said it is difficult to gauge the consumer impact without more details, and that the refinancing change is not necessarily a game-changer given that home prices and mortgage rates dictate costs. The order comes less than two weeks before the Nov. 3 midterm elections.
- CoreWeave Heads for Third Weekly Loss, Weighing on Stocks and Bitcoin Over AI Financing Fears
Bitcoin traded near $81,400 on Friday, little changed on the day after a 3.2% drop Thursday as weakness in equities over concerns about AI infrastructure financing weighed on the market. CoreWeave (CRWV) plunged 10% Thursday to a 52-week low of $53.50, is down roughly 37% in October and is heading for a third straight weekly loss; Bernstein cut its price target to $51 from $74 and Morgan Stanley to $70 from $99. The Nasdaq Composite fell 2.6% Thursday to 26,009, its worst day since June, while Nvidia CEO Jensen Huang said a “scarcity of capital” is hampering neocloud buildouts. U.S. spot bitcoin ETFs recorded net outflows of $635 million Thursday, the largest one-day withdrawal since late June. Crypto liquidations totaled $336 million over 24 hours, including $281 million in long positions.
- Why Comfort Systems Plunged Today
Comfort Systems (FIX) fell as much as 13.2% on Friday before trimming its decline to 8.9% by 3:10 p.m. EDT, despite beating revenue and earnings estimates for the quarter. Revenue rose 53.7% and EPS grew 68.6% to $13.91, while backlog climbed to $17.8 billion from $14.1 billion three months earlier. The article attributes the sell-off mainly to the announced year-end retirement of Bill George, a founder and longtime CFO, along with a "sell the news" reaction seen across AI-linked stocks this earnings season. Shares are about 38% below their June all-time high and trade at 19.4 times average 2027 analyst earnings estimates.
- Intel Stock Has Moved an Average of 16% the Day After Its Last 3 Reports. Should You Buy Before the Next One?
Intel reports third-quarter results after the close on Oct. 29, and its stock has moved an average of about 16% in the session after its last three reports: down 17% after January, up 24% after April, and down 8% after July. The company beat its own forecasts each time, yet shares fell twice because management's outlook for the coming months carried more weight. The third-quarter revenue midpoint of $16.3 billion is only about 1% above the second quarter, a sharp slowdown, so the fourth-quarter forecast is seen as the key number to watch. At around 44 times expected 2027 earnings, the author argues the share price already reflects a return to growth, and says he would not buy the stock before the report.
- SpaceX Filing Gives Elon Musk the Final Word on Tesla Merger He Says He’s Staying Out Of
SpaceX stated in an SEC filing that any merger with Tesla must be approved by its controlling shareholder, Elon Musk, who holds roughly 85% of voting power. Musk recused himself from both special committees but publicly endorsed the deal, which Reuters reported created a "mess" for the independent process. Both companies formed special committees on October 20 to evaluate a proposed deal that analysts estimate could create a combined entity worth around $3.5 trillion. REX Financial estimates Musk would hold roughly 57% of combined voting power. Tesla shareholders must clear a 50%-of-all-outstanding-shares threshold, with a vote expected at or near the December 3 annual meeting.
- SpaceX Filing Gives Elon Musk the Final Word on Tesla Merger He Says He’s Staying Out Of
SpaceX stated in an SEC filing that any merger with Tesla must be approved by its controlling shareholder, Elon Musk, who holds roughly 85% of voting power. Musk recused himself from both special committees but publicly endorsed the deal, which Reuters reported created a "mess" for the independent process. Both companies formed special committees on October 20 to evaluate a proposed deal that analysts estimate could create a combined entity worth around $3.5 trillion. REX Financial estimates Musk would hold roughly 57% of combined voting power. Tesla shareholders must clear a 50%-of-all-outstanding-shares threshold, with a vote expected at or near the December 3 annual meeting.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.