Oil Set for Weekly Gain as Iran War Escalation Threatens Flows


Global benchmark Brent traded around $85, on track for a weekly gain of about 12%, while West Texas Intermediate rose toward $80 a barrel. The US carried out another wave of attacks on Iran, hitting targets including defense sites, following the prior night’s strikes that hit an oil tanker near the OPEC member’s main export terminal. 



Source link

  • Related Posts

    Wars shift focus from jets to weapons at Farnborough Airshow

    By Tim Hepher, Cassell Bryan-Low and Joanna Plucinska FARNBOROUGH, England, July 17 (Reuters) – Spiralling security risks are expected to push defence to the forefront of Britain’s Farnborough Airshow, as…

    Gold prices weigh on Canada’s stock market while AI drags Wall Street lower

    TORONTO — Stock markets lost ground in the U.S. and Canada on Thursday, weighed down by slumping AI stocks and gold prices, respectively. TORONTO — Stock markets lost ground in…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    You Can Now Star in Your Own AI Videos Using Google Vids

    You Can Now Star in Your Own AI Videos Using Google Vids

    Trump Media to sell fast feed of key posts to Wall Street

    Trump Media to sell fast feed of key posts to Wall Street

    Joint declaration following the fourth Canada-European Union Joint Ministerial Committee Meeting

    Joint declaration following the fourth Canada-European Union Joint Ministerial Committee Meeting

    ‘I've finally made it to the Horseshoe’: Shania Twain plays Toronto bar that once eluded her

    ‘I've finally made it to the Horseshoe’: Shania Twain plays Toronto bar that once eluded her

    MLC 2026, SF vs WSF Eliminator 2 Match Report, July 16, 2026

    MLC 2026, SF vs WSF Eliminator 2 Match Report, July 16, 2026

    Beauty Bag Charms Are Chicer Than Ever—7 to Add to Basket

    Beauty Bag Charms Are Chicer Than Ever—7 to Add to Basket