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Oil prices rise 4% amid U.S.-Iran tensions

after close1 source ↓written by the desknot a recommendation

on Wednesday following
4%
against Iran
11th consecutive U.S. strikes

Oil prices surged nearly 4% on Wednesday following the 11th consecutive U.S. strikes against Iran. U.S. Secretary of State Marco Rubio stated that Iran is "not serious" about peace talks, emphasizing ongoing tensions over the Strait of Hormuz. This escalation may impact global oil supply and trader sentiment. ⚡

• Brent crude futures rose significantly

• U.S. Central Command targeted Iranian military operations

• Diplomatic efforts remain strained

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 22 Jul 2026, 16:12 IST.

Sourcesnews.google.com

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