19-July-2026
Economy News
 
Renewed US-Iran fighting could keep $20-a-barrel oil premium
18-Jul-2026

Renewed and sustained fighting between the US and Iran could keep a geopolitical risk premium of $15-20 a barrel embedded in crude prices, after Brent surged above $85 from $72 at the start of the month amid maritime attacks and Washington’s renewed naval blockade of Iranian ports.

News Source:- https://www.financialexpress.com/policy/economy/renewed-us-iran-fighting-could-keep-20-a-barrel-oil-premium/4295139/?ref=economy_hp