Oil rises above $76 a barrel after US strikes on Iran
Oil prices advanced on Wednesday after the United States launched fresh military strikes on Iran following attacks on commercial vessels passing through the Strait of Hormuz.
July 08, 2026 (MLN): Oil prices advanced on Wednesday after the United States launched fresh military strikes on Iran following attacks on commercial vessels passing through the Strait of Hormuz. Currently, Brent crude futures is up, 4.67%, at $76.21 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures is up by $3.06, or 4.41%, to $72.37 per barrel by [09:28 am] PST. The...