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Oil rises as US strikes on Iran raise fears over shaky truce

Dawn 08 July 2026 38m ago
Oil rises as US strikes on Iran raise fears over shaky truce
64
Relevance
9/25
Freshness
25/25
Authority
10/20
Brand Signal
14/15
Depth
6/15
Relevance Freshness Authority Brand Depth
Oil prices gained more than 2 per cent on Wednesday after the US military launched airstrikes against Iran and reimposed crude sales sanctions, raising fears their fragile truce was unravelling and Middle East supplies could be disrupted again. Brent crude futures gained $1.92, or 2.6pc, at $76.08 a barrel at 0400 GMT. US West Texas Intermediate crude climbed $1.82, or 2.6pc, to $72.26 a barrel. B
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