Tokyo, July 22, 2026 (AFP) - Mideast conflict lifts Brent back above $94, stocks give up gains

NAMPA / AFP

2026-07-22

Oil prices rose sharply on Wednesday as fresh US strikes triggered air defences in Iran, while stocks in Asia gave up earlier gains and inched higher in Europe. Brent crude was up more than three percent, briefly hitting northwards of $94 per barrel, as President Donald Trump said the United States was "not finished" attacking Iran. The latest round of US attacks included targets such as "military logistics infrastructure", according to the milit......

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