Global oil prices surged by more than 4% today, Monday, July 13, 2026, driven by escalating military clashes between Iran and the United ...

Oil prices soared sharply on Monday as the Middle East was once again embroiled in chaos. Crude prices jumped 4% as fresh military action between Iran and the United States…

Brent crude climbed above $78 and WTI gained over 3% as escalating Iran-US tensions and threats to Strait of Hormuz shipping raised global supply concerns.

Brent crude climbs 3.3 per cent in early trade to reach $78.50 a barrel

Crude oil futures surge over 4% amid escalating US-Iran conflict and threats to the vital Strait of Hormuz.