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Markets2h 50m ago
Oil prices spiked due to renewed hostilities in the Middle East.
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Middle East
Who
US, Iran
What
Oil prices spiked due to renewed hostilities in the Middle East.
When
Mon, 13 Jul 2026 02:52:22 GMT · 2h 50m ago
Where
Middle East ·
Why
Renewed hostilities followed last week's exchange of fire and came as negotiators struggle to reach a lasting peace deal.
The Frontline Impact
How this affects you
Oil prices increased. Tech stocks declined.
Story chain
4 events in this thread- Markets43m agoOil prices jumped more than four percent after a flare-up between the United States and Iran.Open article
- Markets1h 35m agoCrude-sensitive stocks including aviation, paints, tyres, and oil marketing companies fell up to 2% following a surge in global crude prices.Open article
- Currently Reading2h 50m agoOil prices spiked due to renewed hostilities in the Middle East.
- Markets3h 37m agoBrent 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.Open article
Verified Sources & Citations
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/markets/commodities/news/oil-price-today-july-13-crude-oil-up-almost-5-nears-80-as-us-iran-unleash-more-strikes-100-in-sight/articleshow/132354622.cms
- HIGHThe New Indian Expresshttps://www.newindianexpress.com/business/2026/Jul/13/oil-prices-spike-on-fresh-us-iran-attacks-tech-weighs-on-stocks-again
- HIGHMoneycontrolhttps://www.moneycontrol.com/news/business/markets/indigo-asian-paints-bpcl-other-crude-sensitive-fall-up-to-2-today-oil-producers-gain-as-crude-rises-13972262.html
- HIGHHindustan Timeshttps://www.hindustantimes.com/world-news/oil-prices-surge-as-fresh-us-iran-attacks-erupt-tech-weighs-on-stocks-again-101783914557658.html