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Global crude oil prices climb above USD 100 per barrel as US-Iran conflict intensifies
Updated On: 24 July, 2026 11:39 AM IST | New Delhi | IANS
The rally in crude comes as the conflict in the region continues to intensify. Two weeks after the effective collapse of an interim truce, the US launched fresh air strikes on Iran, while Tehran reportedly fired missiles at neighbouring Arab countries hosting US military bases, fuelling concerns over prolonged supply disruptions
Representational Image. File pic.
Global crude oil prices remained elevated on Friday, with trading above the USD 100-per-barrel mark amid escalating geopolitical tensions in the Gulf, raising concerns over global energy supplies.
International benchmark Brent crude rose 0.43 per cent or 44 cents to remain above the USD 100-a-barrel level, while US West Texas Intermediate (WTI) crude gained 0.69 per cent or 64 cents to USD 92.83 a barrel.
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