strikeJul 17, 2026

Oil Headed For Sharp Weekly Gain As Middle East Conflict Escalates

Summary

(RTTNews) - Oil prices traded higher on Friday and headed for a sharp weekly gain amid escalating Middle East tensions as both the U.S. and Iran intensified military confrontation over control of the Strait of Hormuz.

Source: RTTNews — Read the full report

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RTTNewsBy RTTNews
(RTTNews) - Oil prices traded higher on Friday and headed for a sharp weekly gain amid escalating Middle East tensions as both the U.S. and Iran intensified military confrontation over control of the Strait of Hormuz. Brent crude futures were up 1.2 percent at $85.24 a barrel and…

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