Brent Oil Rises Over 2% Amid Escalating Middle East Tensions

Oil prices climbed more than 2% as U.S. strikes against Iran continued for an eleventh consecutive night, with Secretary of State Marco Rubio stating that Iran is not serious about peace talks regarding the Strait of Hormuz.

By Chloe Taylor · CNBC · July 22, 2026, 07:56 UTC

Brent Oil Rises Over 2% Amid Escalating Middle East Tensions

Topics: geopolitical_conflict Middle_East oil_prices

Read the full article at CNBC

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