Brent crude passes $92 a barrel, highest price since June amid US-Iran flare up
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July 22, 2026
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HONG KONG, China (AFP) — Oil rose in Asian trade Wednesday, with Brent crude hitting its highest price in more than a month, as Iran targeted United States (US) radar and air defence installations in the Gulf.
Brent crude was trading up 1.2 per cent at $92.09 a barrel at around 0130 GMT, its highest intraday price since June 11.
West Texas Intermediate (WTI), the main US oil benchmark, climbed 1.1 per cent to $85.23.
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