Oil Prices Remain Stable Despite US-Iran Conflict

Despite a five-month conflict between the United States and Iran, oil prices have not surged as expected due to increased U.S. production, reduced Chinese demand, and strategic reserve releases. Brent crude peaked at $126 but remained below historical highs.

By By Anushree Mukherjee Mon, July 20, 2026 at 2:48 PM GMT+3 3 min read · Yahoo Finance ·

Oil Prices Remain Stable Despite US-Iran Conflict

Topics: Brent crude geopolitics oil U.S.-Iran conflict

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