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Brent Crude oil hovers near $95 as Rubio vows U.S. will ‘continue to protect shipping’ in Hormuz

30 0
22.07.2026

On Wednesday, oil prices rose 4% higher after an eleventh consecutive round of US strikes against Iran, as Marco Rubio noted that the Strait of Hormuz remains a focal point of contention. 

According to the current reports, the international benchmark was trading up roughly 4% higher at $94.76.

Pump prices have soared once again today, continuing to rise past $4. Notably, the national average price per gallon rose 4 cents to $4.06 per gallon.

Oil prices have gained 30% and are now reportedly more than........

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