Brent crude price jumps 5% after fresh US strikes on Iran
AFP, London
Published: 14 Jul 2026, 06:51 PM
Oil prices surged on Tuesday after the United States launched a fresh wave of strikes on Iran and President Donald Trump vowed to reimpose a naval blockade.
International benchmark Brent North Sea crude
climbed 5.1% to $87.51 a barrel, while the main US benchmark, West Texas
Intermediate, advanced 3.9 percent to $81.21 a barrel.
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