Oil Prices Rise as U.S.-Iran Tensions Escalate in Middle East

Oil prices surged over 3% amid escalating military actions between the United States and Iran in the Middle East. Brent crude futures climbed to $90.87 per barrel, while West Texas Intermediate reached $84.84 a barrel as tensions threaten oil shipments through the Strait of Hormuz.

By By Florence Tan and Siyi Liu Mon, July 20, 2026 at 9:22 AM GMT+3 2 min read · Yahoo Finance · July 20, 2026, 06:22 UTC

Oil Prices Rise as U.S.-Iran Tensions Escalate in Middle East

Topics: geopolitical_conflict Middle_East oil_prices

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