Brent Ends Week at $116.72; Iran Vows to Keep US Warships Out of Gulf
Energy StrategistGeopolitical StrategistMaritime Analyst
BY THE HARBORMASTER · TANKERBRIEF DESK · ENERGY AND SHIPPING ANALYSIS
October 24, 2026. Weekend edition. Prices are October 23 settlements; oil futures reopen Sunday evening, New York time. Source checks completed by 09:25 UTC.
DEVELOPMENTS SINCE THIS BRIEF
OCT 25+1DAY
Iran Claims US Drone Downed Over Bandar Abbas as Riyadh Is Targeted Again
Iran's army says it shot down a US LUCAS drone over Bandar Abbas on Sunday, a claim with no US comment. Saudi air defences intercepted more Houthi missiles aimed at Riyadh and southern Saudi Arabia as oil futures prepare to reopen with Brent at $116.72.