Oil Prices Rise to Five-Week High Amid Middle East Tensions

Oil prices climbed about 2% on Tuesday, reaching a five-week high due to escalating tensions in the Middle East involving U.S.-Iran attacks and threats of a naval blockade by Yemen's Houthis. Brent crude rose $2.12 to $91.34 per barrel while WTI increased $1.80 to $85.03.

By By Scott DiSavino Tue, July 21, 2026 at 6:28 PM GMT+3 3 min read · Yahoo Finance · July 21, 2026, 15:28 UTC

Oil Prices Rise to Five-Week High Amid Middle East Tensions

Topics: geopolitical_risk middle_east_conflict oil_prices

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