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Brent oil tops $90 as US, Iran expand strikes in the Middle East

Dawn 20 July 2026 16h ago
Brent oil tops $90 as US, Iran expand strikes in the Middle East
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Brent oil prices rose two per cent to more than $90 per barrel on Monday, as escalating US-Iran hostilities in the Middle East restricted oil shipments through the Strait of Hormuz. Brent crude futures LCOc1 climbed $2.09, or 2.37pc, to $90.19 by 0241 GMT, touching the highest since June 11, extending gains after rising 15.9pc last week, its biggest weekly gain since April. US West Texas Intermedi
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