Oil prices extend gain for fourth day, stay beyond $85 amid Middle East chaos | TheBriefWire
Oil prices extend gain for fourth day, stay beyond $85 amid Middle East chaos
Published 16 July 2026 ยท finance
Crude oil prices climbed for a fourth day, exceeding eighty-five dollars per barrel. Investors reacted to escalating United States and Iran conflict and shipping route
Crude oil prices climbed for a fourth day, exceeding eighty-five dollars per barrel. Investors reacted to escalating United States and Iran conflict and shipping route security.
United States strikes on Iran's missile sites and coastal defense positions occurred. This intensified worries over oil moving through the Strait of Hormuz. Analysts suggest
prices could rise further depending on conflict developments.