The Economic Times

Oil Price Today (October 30): Crude oil jumps to $118 as Trump weighs fresh attacks after midterm. What are experts saying?

Crude oil price : Oil prices rose on October 30 amid fears of a potential US military strike against Iran. Crude oil prices have reached a six-month high due to ongoing security risks in the Strait of Hormuz. Uncertainties surrounding the conflict's escalation have led analysts to predict further price increases. Attacks on oil infrastructure in Saudi Arabia are also contributing to market volatility.