Oil prices hit six-week high amid U.S.-Iran tensions
after close1 source ↓written by the desknot a recommendation
- crude futures increased
- 1.6%
- per barrel
- $95.5
- Texas Intermediate rose
- 1%
- per barrel
- $97.7
Oil prices surged to a six-week high on 23 July 2026, driven by escalating tensions between the U.S. and Iran. Brent crude futures increased 1.6% to $95.5 per barrel, while U.S. West Texas Intermediate rose 1% to $97.7 per barrel. Investors are wary of potential disruptions to crude supplies from the Middle East, raising concerns over global oil availability.
Not investment advice. For informational purposes only.