Oil up 10% in week

Saturday, 25 July 2026 00:00 -     - {{hitsCtrl.values.hits}}

Oil prices dropped by around 3% on Friday, but remained on track for a weekly jump of over 10% as the US-Iran war continued to escalate.

Global benchmark Brent crude futures for July delivery were 3.6% lower at $ 97.10 a barrel and heading toward a weekly gain of about 10%. U.S. West Texas Intermediate crude futures were 3.4% lower, trading at $89.07 per barrel but up 8% for the week.

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