{"id":655791,"date":"2026-10-24T14:00:10","date_gmt":"2026-10-24T14:00:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/655791\/"},"modified":"2026-10-24T14:00:10","modified_gmt":"2026-10-24T14:00:10","slug":"us-war-on-iran-day-240-oil-hits-highest-price-since-april","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/655791\/","title":{"rendered":"US War on Iran, Day 240: Oil Hits Highest Price Since April"},"content":{"rendered":"<p><a href=\"https:\/\/eaworldview.com\/2026\/10\/us-war-on-iran-strait-of-hormuz-attacks-shipping\/\" rel=\"noopener nofollow\" target=\"_blank\">UPDATES: US War on Iran, Day 239 \u2014 Attacks on Shipping in Strait Of Hormuz Highest Since March<\/a><\/p>\n<p>Brent crude passed $117 per barrel at one point on Friday before settling at $116.72, more than 3% higher.<\/p>\n<p>Before the US-Israel War began on February 28, Brent was around $72 per barrel. By the end of April, it reached $126 before plummeting to just over $70 in July with the possibility of a settlement based on a Memorandum of Understanding signed by Tehran and Donald Trump.<\/p>\n<p>At a summit in Istanbul, European and Middle Eastern Foreign Ministers expressed their opposition to renewed attacks on Iran.<\/p>\n<p>Turkish Foreign Minister Hakan Fidan said:<\/p>\n<p>Military intervention in Iran is not any kind of solution. We agreed that a new military attack would spread the war and the conflict in the region. All the countries around the table do not want the war to spread even more, once again.<\/p>\n<p>German Foreign Minister Johann Wadephul said Germany, France and the UK are ready to negotiate with Iran to rule out its acquisition of nuclear weapons.<\/p>\n<p>Wadephul also called for support for Saudi Arabia and the Yemen Government to defend themselves and for concrete negotiations with Yemen\u2019s Houthis to resume.<\/p>\n<p>The Middle Eastern states were represented by Turkey, Pakistan, Saudi Arabia, and Egypt. The first three states declared the Makkah Alliance in August for mutual defense, a pact which the Egyptians may join.<\/p>\n<p>The European side was represented by  Germany, France, the UK, and Italy.<\/p>\n","protected":false},"excerpt":{"rendered":"UPDATES: US War on Iran, Day 239 \u2014 Attacks on Shipping in Strait Of Hormuz Highest Since March&hellip;\n","protected":false},"author":2,"featured_media":655792,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-655791","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/655791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=655791"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/655791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/655792"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=655791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=655791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=655791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}