58 Days
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ناظورسيتي
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Oil prices rise to their highest levels amid ongoing market uncertainties
On July 14, 2026, global oil prices rose by more than 2 percent, reaching their highest levels in four weeks due to escalating geopolitical tensions in the Middle East threatening energy supplies. The price of a barrel of Brent crude increased to $84.98, while West Texas Intermediate rose to $79.79, amid growing fears of disruptions that could affect transportation and trade through the Strait of Hormuz. These increases reflect market concerns about how political escalation might impact the stability of oil prices in the future.
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