Financial Mirror14 Jul 2026

WTI above $80 as US launches strikes, Iran disrupts shipping

The benchmark West Texas Intermediate continues to gain ground, trading around $80.20 per barrel in Europe on Tuesday, as crude oil prices rise due to rising supply concerns, attributed to the escalating US-Iran tensions.

US Central Command (CENTCOM) executed fresh precision strikes against Iranian military targets, highlighting that more than 50,000 American troops remain deployed throughout the region....

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