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Oil prices hit $100 for the first time since May

Oil prices hit $100 for the first time since May

The price of Brent crude rose more than 6% on Thursday as the war in the Middle East continues to escalate.

July 23, 2026 at 03:31 PM Original source
1 agencies covered this story

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Notable Quotes

"the people in charge in Iran were "not ready to make a deal"."

— Marco Rubio , Politician

""More expensive fuel and energy can ripple through the wider economy, increasing costs for businesses and ultimately feeding through into the price of food and other goods.""

— Jonathan Raymond , Executive

"committed to "restoring price stability" in the wake of the Middle East conflict impacting prices."

— Kevin Warsh , Executive

All Coverage

Oil prices hit $100 for the first time since May
BBC Newsvia rss 3 quotes 3 persons

The price of Brent crude rose more than 6% on Thursday as the war in the Middle East continues to escalate.

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