Brent crude climbs above $85 amid fresh U.S. strikes on Iran
Oil prices traded higher in volatile trading on Wednesday after the United States launched another round of military strikes against Iran and reinstated a naval blockade on Iranian ports near the Strait of Hormuz, raising fresh concerns over energy s
July 15, 2026 (MLN): Oil prices traded higher in volatile trading on Wednesday after the United States launched another round of military strikes against Iran and reinstated a naval blockade on Iranian ports near the Strait of Hormuz, raising fresh concerns over energy supplies and regional stability. Currently, Brent crude futures is up, 1.02%, at $85.54 per barrel, according to data by Mettis Global. West Texas In...