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Economics17h 10m ago
Global crude oil prices jumped nearly 4% to above $91 per barrel after the US carried out another strike on Iranian targets.
West Asia
Who
US, Iran
What
Global crude oil prices jumped nearly 4% to above $91 per barrel after the US carried out another strike on Iranian targets.
When
Mon, 20 Jul 2026 05:17:00 GMT · 17h 10m ago
Where
West Asia ·
Why
Investors are worried about possible disruptions to oil supplies if Iran blocks the Strait of Hormuz, with prolonged West Asia tensions raising concerns over energy markets and inflation.
The Frontline Impact
How this affects you
The surge in crude oil prices to over $91 per barrel raises concerns for global energy markets and inflation. Potential disruptions to oil supplies, including the possibility of Iran blocking the Strait of Hormuz, are driving market fears.
Story chain
2 events in this thread- Currently Reading17h 10m agoGlobal crude oil prices jumped nearly 4% to above $91 per barrel after the US carried out another strike on Iranian targets.
- Economics19h 2m agoBrent Crude oil prices surged above $90 per barrel.Open article
Verified Sources & Citations
- HIGHTimes Nowhttps://www.timesnownews.com/business-economy/economy/brent-crude-surges-above-90-as-us-iran-conflict-escalates-in-middle-east-article-155135803
- HIGHFree Press Journalhttps://www.freepressjournal.in/business/crude-oil-surges-above-91-as-us-iran-conflict-escalation-fuels-supply-fears
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