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Brent Crude Tops $95 on 11th Consecutive Night of US Strikes on Iran, Up 4%

2026-07-22 12:44:09

According to CNBC, Brent crude futures topped $95 per barrel this morning (July 22) following an 11th consecutive night of U.S. strikes on Iran. Both the international benchmark and U.S. oil prices are nearly 4% higher in early trading.

Speaking to reporters in the Philippines today, Secretary of State Marco Rubio said the U.S. "would love to reach a diplomatic settlement" with Iran, but noted that Tehran does not appear "serious" about a deal. The jump in oil prices is weighing on stock futures, with all three major indexes lower in pre-market trading.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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