Crude oil prices surged on 29 July after Trump warned of consequences for Iran following attacks on US forces. Brent crude increased 7.5% to $84.58, while WTI rose 6.3% to $85.53. Renewed hostilities raised supply disruption fears amid fragile ceasefire hopes.
Crude oil prices surged on 29 July after Trump warned of consequences for Iran following attacks on US forces. Brent crude increased 7.5% to $84.58, while WTI rose 6.3% to $85.53. Renewed hostilities raised supply disruption fears amid fragile ceasefire hopes.
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