Trump-Iran tensions disrupt Gulf oil markets, pushing prices higher. WTI reaching $110 in July 2026 at 1.8% YES.

Oil prices rise due to Iran tensions and Strait of Hormuz delays. WTI reaching $110 in July 2026 at 1% YES.

The price of Brent crude oil was up by as much as 3% on Wednesday morning to around 76 US dollars a barrel.

Trump-Iran tensions disrupt Gulf oil markets, pushing prices higher. WTI reaching $110 in July 2026 at 1.8% YES.