NBC
News - Oil prices rose Thursday to their highest level since early June
after the latest Iran war escalation threatened severe new disruption to global
supplies. Brent crude oil, one of two
key global benchmarks, rose more than 6% to more than $100 per barrel in early
Thursday trading. That is its highest level in eight weeks, since the end of
May. U.S. crude oil also jumped for a second straight day, rising more than 5%
to almost $92 per barrel — its highest level since June 11.
July 23, 2026
Oil prices
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