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Oil Prices Set to Rise Further on Monday as Mideast War Escalates

Source: EnergyNow.com

CEII brief

EnergyNow.com reported on 18 Oct 2026: Oil Prices Set to Rise Further on Monday as Mideast War Escalates.

Oil prices look set to rise further on Monday, U.S. and Iranian threats to target energy facilities, Brent futures for May settled up 3.26% at ...

— EnergyNow.com
Read the full story on EnergyNow.com

Context from CEII

Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.

9.5% of world merchandise exports were fuels in 2025

Original reporting © EnergyNow.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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