strikeJul 22, 2026

Crude continues rally: Brent tops $92, WTI above $85 as Strait of Hormuz tensions threaten global supplies

Summary

Crude oil prices extended their rally on Wednesday, with Brent crude holding above the $90-a-barrel mark as escalating tensions in the Middle East kept investors focused on the risk of further disruptions to global energy supplies.

Source: TOI Business Desk — Read the full report

Actors involved

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Sources

TOI Business DeskBy TOI Business Desk
Crude oil prices extended their rally on Wednesday, with Brent crude holding above the $90-a-barrel mark as escalating tensions in the Middle East kept investors focused on the risk of further disruptions to global energy supplies. Brent crude was trading at $92.40 a barrel, up 1…

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