Oil Prices Surge 0.60 as WTI Hits $73.71 Amid Threats of Iran Strike

2026-07-08 20:58

Woofun AI reports that crude oil prices experienced a short-term increase of $0.60. WTI crude is currently trading at $73.71 per barrel, while Brent crude stands at $77.81 per barrel.

The price movement follows statements from Trump indicating a potential strike on Iran tonight. He clarified that the objective is not regime change but specifically targets nuclear weapons capabilities.

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