# Brent Hits Six-Month High Near $118 After Hormuz Attack

> Brent settled at $117.64 a barrel on October 30, its highest level in six months, after a tanker was attacked near the Strait of Hormuz. Explosive devices were attached to the hull of an outbound tanker off Khasab, causing an engine-room fire, though the crew was safe. WTI rose to settle at $104.12 as uncertainty over Washington's next step against Iran kept a risk premium in prices.

- Date: 2026-10-31 · published 2026-11-01T06:08:57.175Z
- Category: geopolitics · region Middle East · magnitude high
- Page: https://feedsoft.ai/events/4138-brent-hits-six-month-high-near-118-after-hormuz-attack
- 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

Attacks on tankers in the Strait of Hormuz threaten a major share of seaborne crude flows, so they lift the geopolitical risk premium and push crude prices higher. Higher crude raises diesel and freight costs for feed producers and supports prices of competing energy-linked inputs.

## 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 | 2026-04-02 | [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% |
| BRENT | 2023-10-09 | [Brent, WTI prices jump after Hamas attack on Israel](https://feedsoft.ai/events/9279-brent-wti-prices-jump-after-hamas-attack-on-israel.md) | +7.4% | +0.0% |
| BRENT | 2018-09-29 | [Brent hits 4-year high as U.S. sanctions on Iran tighten supply](https://feedsoft.ai/events/63234-brent-hits-4-year-high-as-u-s-sanctions-on-iran-tighten-supply.md) | +2.3% | -6.3% |
| BRENT | 2026-06-10 | [Brazilian Real Holds Near Two-Month Low](https://feedsoft.ai/events/12076-brazilian-real-holds-near-two-month-low.md) | -14.1% | -21.4% |
| 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 | 2026-04-02 | [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) | -2.2% | +6.1% |
| WTI | 2023-10-09 | [Brent, WTI prices jump after Hamas attack on Israel](https://feedsoft.ai/events/9279-brent-wti-prices-jump-after-hamas-attack-on-israel.md) | +5.9% | -2.2% |

## Sources

- thedailyenergy.com: https://thedailyenergy.com/brent-six-month-high-hormuz-tanker-attack/

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