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Oil prices surge 12% on U.S.-Iran tensions

pre-market1 source ↓written by the desknot a recommendation

both
12% this week

Oil prices rose on Friday, with Brent crude at $84.30 and WTI at $79.11, both up 12% this week. Renewed U.S.-Iran military tensions are raising fears of disruptions in energy supplies, particularly through the Strait of Hormuz and potentially the Red Sea. This geopolitical risk premium is driving market sentiment higher.

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 19 Jul 2026, 07:05 IST.

Sourcesnews.google.com

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