Rebounding from two consecutive sessions of losses, crude oil prices have catapulted on Friday as U.S.-Iran escalation grows wider with the U.S. targeting Iran’s civil infrastructures. However, expectations for a resolution through peace talks after both nations expressed readiness for negotiations capped the gains.
WTI Crude Oil for August month delivery was last seen trading up by $3.65 (or 4.62%) at $82.60 per barrel.
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Market Analysis
Crude Oil Skyrockets As U.S.-Iran Step Up Attacks Despite Leaving Doors Open For Talks
2026-07-17 18:43:22
