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وكالة صدى نيوز
Oil rebounds and gold gains
The rise in oil and gold prices on Friday, August 7, 2026, reflects growing concerns about the future navigation through the Strait of Hormuz. Brent crude increased by 1.5% to $83.76 per barrel, while US West Texas Intermediate futures rose by 1.2% to $78.27, despite heading toward a weekly loss of 7.5%. Gold also saw a 0.6% increase to $4,295.64 per ounce, marking its best weekly performance since January with gains exceeding 5%. These increases come amid escalating tensions in the region, as fears of military escalation continue to affect energy markets and precious metals.
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