14 July 2026 at 5:23 pm
Summary
Oil prices have surged to four-week highs, with Brent crude jumping 4.55% to $87.08 a barrel, following renewed US-Iran attacks and a naval blockade on Iranian shipping. This escalation of Middle East tensions has also led to a rise in UK government borrowing costs and a fall in European shares.
Oil prices surge for fourth day amid escalating US attacks in Strait of Hormuz
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Oil rises to 4-week highs as Iran conflict escalates
14 Jul 2026, 11:15 pm · Geopolitics
Oil Prices Jump After Trump's Threats on Strait of Hormuz
14 Jul 2026, 7:25 pm · Uncategorized
Oil Prices Reach $87 as Strait of Hormuz Tensions Alarm Energy Markets
14 Jul 2026, 5:25 pm · Energy
Oil Prices Surge as Trump and Iran Clash Again
14 Jul 2026, 5:23 pm · International Relations
Explaining High Oil and Gas Prices Despite US Being Top Producer and Consumer
14 Jul 2026, 4:26 pm · Uncategorized
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