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Brent crude price jumps 5% after fresh US strikes on Iran

AFP, London

Published: 14 Jul 2026, 06:51 PM

Brent crude price jumps 5% after fresh US strikes on Iran
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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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