Oil Prices Hit Six-Week High as U.S.-Iran Tensions Escalate and Shipping Risks Grow

Oil Prices Hit Six-Week High as U.S.-Iran Tensions Escalate and Shipping Risks Grow

Oil Prices Hit Six-Week High as U.S.-Iran Tensions Escalate and Shipping Risks Grow Global oil markets surged on Thursday, July 23, 2026, as escalating military tensions between the United States and Iran increased fears of disruptions to some of the world’s most important energy shipping routes. Brent crude climbed to its highest level in more … Read more

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