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Finance / Energy Energy

Global Oil Price Hits $117 a Barrel, Highest Since April

Source: nytimes October 23, 2026 · 09:14
Global Oil Price Hits $117 a Barrel, Highest Since April
Photo by Александр Лич · Pexels
From the publisher
Investors have grown increasingly concerned that the war in Iran could escalate again, putting energy supplies at greater risk.
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The New York Times

The New York Times (NYT) is a newspaper based in Manhattan, New York City. The New York Times covers domestic, national, and international news, and publishes opinion pieces and reviews. One of the longest-running newspapers in the United States, the Times serves as one of the country's newspapers of record. As of June 2026, The New York Times had 13.35 million total subscribers: 550,000 print and 12.8 million digital, both the highest numbers for any newspaper in the United States by a signific…

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