Oil Prices Surge Over 7% as Trump Threatens Military Strike Against Iran
International oil prices surged over seven percent on July 29, 2026, as U.S. President Donald Trump threatened a major military strike against Iran following missile attacks on U.S. forces in the Middle East. Light sweet crude and Brent futures spiked in morning trading amid escalating regional hostilities and retaliatory air raids. Crude oil markets reacted … Read more