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Middle East Conflict Escalation Drives Brent Crude to Six-Week High Near $97.50

Middle East conflict escalates as Iran threatens retaliation against U.S. asset strikes.

Brent crude climbs to $97.49 a barrel, hitting a six-week high.

U.S. benchmark WTI advances 1.6% to reach $92.92 per barrel.

Heightened risks around key transit corridors fuel widespread global supply disruption worries.

Middle East Conflict Escalation Drives Brent Crude to Six-Week High Near $97.50

Image of offshore oil drill in Iran

Middle East conflict escalates as Iran threatens retaliation against U.S. asset strikes.

Brent crude climbs to $97.49 a barrel, hitting a six-week high.

U.S. benchmark WTI advances 1.6% to reach $92.92 per barrel.

Heightened risks around key transit corridors fuel widespread global supply disruption worries.

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Nigeria’s GDP Growth Accelerates to 4.43% in Q2 2026

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Why Nigeria Cannot Afford to Go Back on the Fuel Subsidy Regime – Ogho Okiti

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South Africa Leading Economic Index Drops 1.4% as Export Commodity Prices Slump

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