Al Jazeera English July 08, 2026 • 04:04

Oil prices surge as US strikes Iran, reversing slide to pre-war levels - Al Jazeera

By Erin Hale, John Power

Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.

Oil prices have surged as renewed hostilities between the United States and Iran threaten to derail a fragile ceasefire that had brought some relief to global energy markets.
Brent crude, the main i… [+3134 chars]

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Oil prices surge as US strikes Iran, reversing slide to pre-war levels - Al Jazeera

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