Iran tensions, supply fears lift oil above $90

Global oil prices surged above $90 per barrel due to escalating Iran tensions and Middle East supply fears. Learn how geopolitical events are impacting oil

The Briefing Africa

July 30, 2026 · 02:15 · 5 min read

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Global oil prices surged above $90 per barrel due to escalating Iran tensions and Middle East supply fears. Learn how geopolitical events are impacting oil

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Iran tensions, supply fears lift oil above $90