Oil Surges 5% While Gold Drops 1.54% Amid Escalating US-Iran Conflict

2026-07-08 07:45

Woofun AI reports that escalating US-Iran tensions drove Brent crude oil up 5.00% intraday to $75.67 per barrel, with WTI crossing above $72. Spot gold declined 1.54% to fall below $1,800 per ounce.

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