Global oil tops $106 after Riyadh airport strike

Brent crude futures — the global oil benchmark — rose 1.8% past $106 a barrel on Oct. 12, 2026, the Wall Street Journal reported. The jump came after a Houthi missile strike on Riyadh's airport and doubts over Trump's announced Russia-Ukraine 'energy ceasefire,' as Ukraine cited Russian attacks on energy infrastructure. Sustained prices mean higher fuel costs for households.