Oil Tests $95 as Escalating US-Iran Attacks Raise Supply Risks

TEHRAN, IRAN - APRIL 05: A general view of the giant banner hung Enghelab Square that reads, 'The Strait of Hormuz will remain closed; the entire Persian Gulf is our hunting ground.' as daily life continues in Tehran, Iran on April 05, 2026. (Photo by Fatemeh Bahrami/Anadolu via Getty Images) — TEHRAN, IRAN - APRIL 05: A general view of the giant banner hung Enghelab Square that reads, 'The Strait of Hormuz will remain closed; the entire Persian Gulf is our hunting ground.' as daily life continues in Tehran, Iran on April 05, 2026. (Photo by Fatemeh Bahrami/Anadolu via Getty Images) (Anadolu via Getty Images)

KM

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Kanoko Matsuyama, Alex Longley and Mia Gindis, Bloomberg

July 22, 2026 03:00 PM CDT

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