EIA reports a 1.7 million barrel crude draw for the week ending July 10 as Brent and WTI slip despite rising Iran-US tensions.

Brent crude surged 9.59% over two days to $83.30 as US-Iran military escalation and Strait of Hormuz tanker attacks reignited global supply disruption

Oil prices rise amid US-Iran tensions with strikes on energy sites. Crude oil reaching a new all-time high by December 31 at 12.5% YES.

EIA reports a 1.7 million barrel crude draw for the week ending July 10 as Brent and WTI slip despite rising Iran-US tensions.

Crude oil futures dip despite US strikes on Iran, with Brent at $84.79 and WTI at $79.57.