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Markets2h 19m ago

Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to $74.20 a barrel.

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Global

Who
US, Iran
What
Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to $74.20 a barrel.
When
Mon, 13 Jul 2026 02:06:00 GMT · 2h 19m ago
Where
Global ·
Why
The latest rally comes after both benchmarks climbed 5.5% last week, with WTI once again trading above $74 a barrel.
The Frontline Impact

How this affects you

Oil prices have surged, with Brent crude nearing $80 and WTI above $74, driven by increased strikes involving the US and Iran. This rally follows a 5.5% climb last week, raising speculation of prices reaching $100.

Story chain

3 events in this thread
  1. Markets17m ago
    Crude-sensitive stocks including aviation, paints, tyres, and oil marketing companies fell up to 2% following a surge in global crude prices.
    Open article
  2. Markets1h 32m ago
    Oil prices spiked due to renewed hostilities in the Middle East.
    Open article
  3. Currently Reading2h 19m ago
    Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to $74.20 a barrel.

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