# Brent Crude Settles at Six-Month High of $117.64 After Hormuz Tanker Attack | The Veritas

> Brent December futures settled at $117.64 on Friday, up 2.4%, the highest settlement since late April, after a tanker attack in the Strait of Hormuz. Brent rose 13.6% in October and WTI fell 15.2% for the month per the article's own figures. Traders are weighing possible escalation in the Iran war after the US midterm elections.

- Date: 2026-11-01 · published 2026-11-01T18:08:28.956Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/29339-brent-crude-settles-at-six-month-high-of-117-64-after-hormuz-tanker-attack-the
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A tanker attack in Hormuz highlights physical supply risk that supports crude and diesel prices, raising energy costs for feed producers and transport.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2019-09-15 | [Brent crude oil spikes the most in history after Saudi attacks](https://feedsoft.ai/events/57247-brent-crude-oil-spikes-the-most-in-history-after-saudi-attacks.md) | +6.6% | -0.3% |
| BRENT | 2026-09-11 | [Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacks \| Reuters](https://feedsoft.ai/events/17629-oil-surges-6-brent-and-us-crude-both-surpass-100-on-more-tanker-attacks-reuters.md) | -1.2% | +2.1% |
| BRENT | 2025-12-10 | [Oil settles higher after US seizes tanker off Venezuela's coast](https://feedsoft.ai/events/21666-oil-settles-higher-after-us-seizes-tanker-off-venezuela-s-coast.md) | -4.6% | +0.6% |
| BRENT | 2026-01-29 | [Brent Crude Settles at Highest Since July on Trump’s Iran Threat - Bloomberg](https://feedsoft.ai/events/21235-brent-crude-settles-at-highest-since-july-on-trump-s-iran-threat-bloomberg.md) | +0.9% | +1.6% |
| BRENT | 2026-04-02 | [US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran \| Reuters](https://feedsoft.ai/events/12724-us-crude-jumps-more-than-11-brent-nearly-8-after-trump-vows-more-attacks-on.md) | -2.8% | +8.2% |
| WTI | 2019-09-15 | [Brent crude oil spikes the most in history after Saudi attacks](https://feedsoft.ai/events/57247-brent-crude-oil-spikes-the-most-in-history-after-saudi-attacks.md) | +5.8% | -0.1% |
| WTI | 2026-09-11 | [Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacks \| Reuters](https://feedsoft.ai/events/17629-oil-surges-6-brent-and-us-crude-both-surpass-100-on-more-tanker-attacks-reuters.md) | -0.4% | -7.0% |
| WTI | 2025-12-10 | [Oil settles higher after US seizes tanker off Venezuela's coast](https://feedsoft.ai/events/21666-oil-settles-higher-after-us-seizes-tanker-off-venezuela-s-coast.md) | -5.1% | -1.0% |

## Sources

- theveritas.in: https://www.theveritas.in/article/brent-crude-settles-at-six-month-high-of-11764-after-hormuz-tanker-attack

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.