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economicOct 19, 2026

Price of Brent oil down over 2.7% on London’s ICE

Summary

As of 11:24 a.m. Moscow time, the Brent price stood at $107.16 per barrel

Actors involved

Russia

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Iranian Foreign Minister Abbas Araghchi responded to US President Donald Trump’s recent statements regarding potential military action by asserting that Iran remains prepared to retaliate against any escalation. In a social media post, Araghchi criticized Trump’s endorsement of Israeli Prime Minister Benjamin Netanyahu, alleging that Netanyahu is seeking to draw the United States into further conflict to avoid domestic legal consequences.

Location: Israel