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Brent Crude Nears $107 a Barrel, Highest Since Late September

Brent crude climbed to nearly $107 a barrel on Monday, its highest level since late September, as attacks in the Middle East raised supply concerns.

Analysis deskEditor Andersson Iyke
3 outlets, 3 regions

What happened

Brent crude oil prices rose on Monday to above $107 per barrel, the highest level since September 29, according to TASS.2

Punch reported prices nearing $107 per barrel following fresh attacks on Saudi Arabia and oil tankers near the Strait of Hormuz.1

Malay Mail reported oil prices rising above $100 after Yemen's Houthi movement launched additional strikes, with investors also watching upcoming US inflation data.3

Key points

  • Brent crude oil prices rose on Monday, climbing above $100 per barrel amid fresh attacks in the Middle East.123
  • The price increase followed attacks attributed to the Houthi movement in Yemen and related incidents near Saudi Arabia and the Strait of Hormuz.13

Where accounts differ

Each account is attributed to who makes it. We do not judge between them.

Exact Brent price reached

Punch

Brent crude rose to nearly $107 per barrel1

TASS

Brent price reached $107.03 per barrel as of 4:48 p.m. Moscow time, up 2.21%2

Source of attacks driving the price rise

Punch

Attributes the rise to fresh attacks on Saudi Arabia and oil tankers near the Strait of Hormuz1

Malay Mail

Attributes the rise specifically to additional strikes by Yemen's Houthi movement, described as Iran-backed3

How it's framed

What each perspective puts first, based on headlines and summaries.

PerspectiveHow it readsWhat it puts first
African private pressAfricaPunch frames the price rise around escalating Middle East attacks on Saudi Arabia and shipping lanes.1escalation, Saudi Arabia, Strait of Hormuz
Russian state-controlled mediaRussia & EurasiaTASS focuses on the specific price figures and the milestone of surpassing $107 for the first time since September 29, without detailing the cause.2price milestone, percentage increase
Southeast Asian private pressSoutheast AsiaMalay Mail links the price rise to Houthi attacks and broader investor concerns about upcoming US inflation data.3Houthi attacks, Iran-backed, US inflation data

What the coverage leaves out

  • None of the outlets reviewed reported reactions from oil-producing governments or international energy bodies to the price increase.
  • None of the outlets reviewed detailed the specific targets or casualties, if any, from the reported attacks.

Sources (3)

Every outlet we drew on, grouped by where it is based. Read the originals for the full reporting.

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