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Oil surges past $95 as U.S. downplays Iran diplomacy and 2nd key trade route is disrupted

The international benchmark Brent crude rose almost 5% to hit more than $95 per barrel for the first...

BUSINESS NEWS July 22, 2026

Oil surges past $95 as U.S. downplays Iran diplomacy and 2nd key trade route is disrupted

The international benchmark Brent crude rose almost 5% to hit more than $95 per barrel for the first time in almost six weeks.

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The international benchmark Brent crude rose almost 5% to hit more than $95 per barrel for the first time in almost six weeks.

Author: NBC News

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