World News44

Oil prices rose to a seven-month high 

Over the week, quotes added about 6.5% and reached a seven-month high.

Oil prices rose amid escalation between the US and Iran. Brent and West Texas Intermediate crude oil prices rose by almost one percent, reaching 72.34 and 67 dollars per barrel respectively. Over the week, quotes added about 6.5% and reached a seven-month high.

The reason for the rise was statements by US President Donald Trump, who intensified pressure on Tehran as part of the dispute over Iran's nuclear program and mentioned a ten-day deadline to reach an agreement.

Investors fear that in the event of an escalation, navigation in the Strait of Hormuz — one of the key oil supply routes — could be disrupted.

Phillip Nova analyst Priyanka Sachdeva noted that «the market is currently in a state of heightened anxiety».

Comments4

  • Ждем методичку прл Рейгана
    20.02.2026
    Из палаты номер 6
  • Žvir
    20.02.2026
    Na taki vypadak Tramp i "začyściŭ" Vieniezuelu... + Zachodniaja Afryka, Kanada, Brazilija, Hajana, Indanezija, i sami USA utrymajuć rynak ... To bok, kašmaru na rynku nia budzie.

    Dy i nie pačnie Tramp vajennuju apieracyju ŭ Iranie, kali nia budzie peŭnaści ŭ chutkich terminach jaje zaviaršennia...
  • Слово предоставляется...
    20.02.2026
    Ждем методичку прл Рейгана, Сняли с языка!

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