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OIL TOUCHES $110 A BARREL FOR FIRST TIME SINCE MAY ON MIDDLE EAST - INTERNATIONAL

Oil hits $110 first time since May amid Middle East tensions.

What happened: Brent touched $110 a barrel for the first time since May on Friday amid worries that escalating Middle East tensions could tighten supplies further. Key numbers: Brent settled $3.94, or 3.7%, higher at $109.86, highest since May 19. WTI closed $3.44, or 3.5%, higher at $101.41. Why it matters: Energy Aspects said persistent escalation risks will keep flat prices supported. Kpler said intensified Iranian attacks drove Gulf crude flows sharply lower and expected a slower, more uneven recovery in Hormuz flows without a comprehensive political deal. Coverage: 6 outlets in 24h
Oil hits $110 first time since May amid Middle East tensions.
Oil hits $110 first time since May amid Middle East tensions. — impact context not separately stored; see What changed.
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