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Oil prices jump to highest level in a month.. Hormuz Strait tensions shake global markets

July 14, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
Oil prices jump to highest level in a month.. Hormuz Strait tensions shake global markets

Oil prices recorded a strong increase today, Tuesday, reaching their highest levels in a month, driven by rising tensions in the Hormuz Strait, one of the most important strategic passages for global energy trade, raising concerns among investors about the security of global crude supplies. Brent crude rose by about 2 percent to reach $84.98 per barrel, while West Texas Intermediate rose by 2.1 percent …

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