Oil Price Today (October 22): Crude oil above $110 as energy infra attacks heighten supply fears. More tension ahead?

Brent crude rose 1.18 percent to $110.18 a barrel and WTI traded above $98 as attacks on regional energy and transport infrastructure increased supply disruption risks. Goldman Sachs sees potential for oil to reach $120 a barrel if Middle East shipping attacks escalate, while a return to normal exports could pull prices toward $80.