---
title: Oil prices approach Iran-war highs as soaring tanker rates
description: "Treasuries (close 2026-10-21): 2s 4.81% (+2.0bp), 10s 5.13% (+1.0bp), 30s 5.42% (+0.0bp). Tape (close 2026-10-21): VIX 16.68, 2s10s +32bp."
source: Helious
canonical: "https://helious.io/news/brief-2026-10-22/oil-prices-approach-iran-war-highs-as-soaring-tanker-rates"
---

Daily brief
              22 Oct 2026, 21:05 UTC



# Oil prices approach Iran-war highs as soaring tanker rates trigger a s, 10s +1bp

Thu 22 Oct 2026



            Treasuries (close 2026-10-21): 2s 4.81% (+2.0bp), 10s 5.13% (+1.0bp), 30s 5.42% (+0.0bp).

Tape (close 2026-10-21): VIX 16.68, 2s10s +32bp.

Narrative: South Korean Won: Hawkish BoK hold supports gains against US Dollar, Societe Generale

What mattered:

- Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze
- U.S. 10-Year Treasury yield cracks below 5% for the first time in a month as bonds rally
- Brent crude tops $113 after Trump hints at action on Iran, U.S. orders staff to leave Saudi Arabia
- Global stocks tumble as oil price tops $112
- Brent crude crosses $112 as Hormuz attacks worsen Middle East supply fears






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