Brent Crude Rises as Iran War Escalates | Business Day

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Experts say the latest round of fighting between Iran and the United States has led to an increase in oil prices.

Brent crude, the international benchmark, rose nearly four per cent to US$79 a barrel.

Prices increased after the United States resumed airstrikes on Iran, and Tehran responded with attacks against Gulf countries that house U.S. military facilities

This Business Day segment was aired on Prime Time News on July 13, 2026.

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