Brent crude jumped after the US and Iran escalated hostilities over the weekend, with vessels trying to transit the Strait of Hormuz targeted and a key oil facility in Kuwait attacked, according to Bloomberg.
The moves raised concern over supply flows through the strategic waterway and added to oil-market volatility.
GEOPOLITICS | Brent Jumps as US-Iran Tensions Escalate
2026-07-19 23:08:31
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