In early trade on Friday, Brent rose 0.7% to US$113.50 a barrel and WTI gained 0.8% to US$100.24. Brent was on track for a 3.3% weekly rise, its third straight weekly gain and its highest since early May. President Donald Trump accused Iran of lying about attacks on ships in the Strait of Hormuz and said Tehran was trying to push oil prices up before the U.S. midterm election. The Islamic Revolution Guards Corps said four vessels were struck and caught fire in the Persian Gulf and three others hit mines in Hormuz, while Iran's army chief said the military was ready for 'asymmetric warfare'. Reuters reported that Saudi Aramco told staff to evacuate its Dhahran headquarters and work remotely after Houthi strikes on Saudi airports and some Aramco offices, which caused multiple fatalities.
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oil pricesIranStrait of Hormuzgeopolitics
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/22/2026 | 4,024.59 |
| Change that session | -2.82% |
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/22/2026 | 101.62 |
| Change that session | -0.07% |
VNINDEX
▼ Likely negativeRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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