Commodities

Brent crude breaches $90 a barrel as US-Iran tensions escalate

By Michele Maatouk

Date: Monday 20 Jul 2026

(Sharecast News) - Oil prices shot up on Monday, with Brent crude hitting its highest level since June, as tensions between the US and Iran escalated.
At 0900 BST, Brent crude was up 3.2% at $90.95 a barrel and West Texas Intermediate was 2.8% higher at $84.79 after US forces attacked...

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