S9/10Military

Oil prices rise slightly after US announces new round of strikes on Iran

Oil prices saw a slight increase as fears of supply disruptions grew. U.S. forces continued striking Iranian military targets for the eleventh night. Kuwait reported intercepting Iranian drones, intensifying concerns over energy supplies. These exchanges have raised fears of further disruptions to global energy markets. The ongoing conflict has already cost the U.S. billions of dollars.

22 Jul 2026, 01:49 UTCSource: Economic TimesOriginal source

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