US strikes 90 targets in Iran as oil prices surge amid tensions
The US and Iran exchanged fire, with the US striking 90 targets in Iran on Tuesday. Oil prices surged, with US crude near $74 and Brent at $79 a barrel, highlighting increasing geopolitical tensions. Analysts suggest a fragile truce is in place, with potential for a deal that allows oil flow amid ongoing instability in the region.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 09 Jul 2026, 06:47 UTC · Updated 09 Jul 2026, 07:00 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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