SignificantEconomymarketwatch·MarketWatch

Global oil prices rise above $95 a barrel for the first time in 6 weeks as hopes dim for de-escalation of Iran war

President Trump stated that the U.S. will bomb Iran's bridges and power plants if Tehran shoots at ships in the Strait of Hormuz. Global oil prices rose above $95 a barrel for the first time in six weeks.

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7/10

Wednesday, July 22, 2026 at 10:07 AM EDT

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