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Brent Crude Briefly Hits $95 as Middle East Conflict Continues

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2026-07-22 16:54:28
Brent crude briefly climbed to $95 on Wednesday for the first time in six weeks as the Middle East conflict continued. According to NS3.AI, Rubio said Iran is not serious about reaching a deal to end the fighting.

U.S. Central Command said the U.S. military carried out its eleventh consecutive night of strikes against Iran. MarineTraffic analysis showed 13 ships crossed the Strait of Hormuz on Monday and 9 crossed on Tuesday.
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