Oil Prices Near Six-Week High Amid Middle East Tensions

Brent crude and WTI futures rose to six-week highs as escalating U.S.-Iran tensions and shipping concerns in the Middle East fueled supply worries. Both benchmarks gained over 3% on Wednesday, extending a four-day winning streak.

By Fiona Craig Wed, July 22, 2026 at 1:24 PM GMT+3 3 min read · Yahoo Finance ·

Oil Prices Near Six-Week High Amid Middle East Tensions

Topics: geopolitical_tensions oil_prices supply_chain_risks

Read the full article at Yahoo Finance

More World news