Crude Oil Prices Extend Gains Amid Rising US-Iran Tensions; Brent Crude Surges Past $85

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International Relations

15 July 2026 at 1:31 pm

Crude Oil Prices Extend Gains Amid Rising US-Iran Tensions; Brent Crude Surges Past $85

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Summary

Crude oil prices are extending gains, with Brent crude surging past $85 per barrel, amid rising tensions between the US and Iran. Brent crude was up 1.72% at $86.19, while WTI gained 1.4% to trade at $80.40 per barrel.

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