ECONOMYCENTER COVERAGE ONLY07/22/26
Oil Prices Surge on Iran Tensions
Oil prices jump significantly as Middle East tensions escalate and peace talks falter.
WHAT'S CONFIRMED
- ▸Oil prices rose sharply following Trump administration statements threatening Iran escalation. (CNBC, Financial Times)
NOT REPORTED ELSEWHERE
- ▸Goldman Sachs warns Brent crude could jump to $120 if Strait of Hormuz remains disrupted. Financial Times
- ▸Oil prices rose 4% as Secretary Rubio said Iran is 'not serious' about peace talks. CNBC