London, July 22, 2026 (AFP) - Oil prices jump on Mideast war, stock markets diverge

NAMPA / AFP

2026-07-22

World oil prices soared Wednesday, with the benchmark international contract Brent North Sea crude surpassing $95 for the first time in nearly six weeks as the United States and Iran carried out more strikes. Crude futures went on to give up some of the gains but still banked gains of about 2.5 percent. US Secretary of State Marco Rubio said Iran could not be allowed to gain control over traffic through the Strait of Hormuz, through which a fifth......

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