Brent Last Day Financial JUL7 (BZ2707) News

Brent crude surges above $90! Risk of uncontrolled U.S.-Iran conflict escalates sharply, with three U.S. military personnel killed in two days—Trump faces a critical test.

Trump previously warned Iran that it would face a stronger response if it killed U.S. military personnel. Now, with consecutive U.S. military deaths and escalating attacks between both sides, tensions in the Middle East are once again approaching a dangerous tipping point.

Golden10 Data07:15

CNBC Daily Open: Spain Takes the World Cup, Oil Takes the Market Spotlight

CNBC09:25

Express News | Islamic Revolutionary Guard Corps: As long as the United States continues its operations in the region, the Strait of Hormuz cannot be considered secure, and no oil, natural gas, or petrochemical products can transit safely.

Breakings09:20

Is the Middle East conflict spiraling out of control? Oil tanker attacks and bombings of petroleum infrastructure send Brent crude soaring above $90.

Brent crude prices surged after the United States and Iran escalated hostile actions, including attacks on vessels attempting to transit the Strait of Hormuz and an assault on a key oil facility in Kuwait. The global benchmark crude rose above $90 per barrel, reaching its highest level since mid-June, while West Texas Intermediate (WTI) crude approached $84 per barrel.

Zhitong Finance09:09

The KOSPI plummeted by more than 4% before sharply paring losses; U.S.-Iran tensions pushed oil prices above $91, while spot gold declined.

Escalating U.S.-Iran tensions pushed Brent crude prices up more than 3.8% at one point, surpassing $91 per barrel and reaching a new high since June. The KOSPI index in South Korea initially fell over 4% but pared losses to under 1%. The MSCI Asia Pacific Index has now declined more than 9% from its June peak, nearing a technical correction territory. Selling pressure on technology stocks persisted, with the Philadelphia Semiconductor Index already entering bear market territory as of last Friday.

wallstreetcn09:00

U.S. Hits Iran for Ninth Consecutive Night as American Casualties Mount

CNBC08:59

Oil Prices Rise as Escalating Mideast Conflict Spurs Supply-Disruption Fears

WSJ08:49

Express News | Ongoing U.S.-Iran hostilities and rising rate hike expectations weigh on gold prices

Breakings07:57

U.S. missile strike hits Iranian oil hub; three regional countries again report attacks by Iran

Gelonghui, July 20 | According to CCTV, on the 19th local time, following another round of airstrikes on Iran, U.S. forces struck Abadan, a major Iranian oil hub. On the same day, Iran’s military announced it had successfully shot down a U.S. MQ-9 drone and intercepted an American cruise missile in western Iran. Also on the 19th, Jordan, Kuwait, and Bahrain reported they had again been targeted by Iranian attacks.

Gelonghui Finance07:46

Gold Trading Alert: Escalating U.S.-Iran tensions drive oil prices sharply higher, while the specter of Federal Reserve rate hikes looms—will gold rebound this summer or plunge into an abyss?

Spot gold weakened slightly early Monday (July 20), briefly falling below the $4,000 psychological level. As of 07:15, it hit an intraday low of $3,990.67 per ounce, down approximately 0.6%. This move was not an isolated event but a direct reflection of the escalating U.S.-Iran tensions over the weekend. Oil prices surged more than 3%, with Brent crude breaking above the $91 mark and U.S. crude climbing past $84—both reaching their highest levels since June 11—heightening global inflation concerns and reinforcing market expectations that the Federal Reserve will maintain elevated interest rates or even hike further. The U.S. Dollar Index edged higher to 100.86, adding further downward pressure on gold prices.

FX678 Finance07:24

Express News | Continued U.S.-Iran Strikes Push Brent Crude Above $90 per Barrel

Breakings07:09

July 20 Financial Morning Brief: Israel remains on high alert for potential conflict with Iran; U.S. State Department issues global security alert; gold prices dip toward the 4,000 mark; oil prices surge nearly 3%.

During early Asian trading hours on Monday (Beijing time, July 20), spot gold edged slightly lower, trading around $3,995 per ounce. Tensions between the U.S. and Iran persisted over the weekend, with Israel stating it is ready to resume military operations against Iran at any time. The U.S. Energy Secretary indicated that U.S. military actions targeting Iran would continue, while the U.S. State Department issued a global security alert, heightening geopolitical uncertainty and stoking inflation concerns, which in turn bolstered expectations of interest rate hikes and capped gains in gold prices. U.S. crude oil opened with a gap-up of nearly 3%, briefly touching a one-month high of $84.60 per barrel, and is currently trading near $84.22 per barrel. Key events to watch today include

FX678 Finance06:32

Express News | According to the Financial Times, Britain's incoming Prime Minister Burnham will uphold Labour's controversial ban on new North Sea exploration licenses, dashing hopes in the oil and gas industry that the government might significantly shift its fossil fu

Breakings00:03

Express News | Missile strike near Abadan, Iran; explosion heard

BreakingsJul 19 22:31

USD/NOK: Oil Prices to Determine Near Term Direction

InvestingCubeJul 19 21:31

U.S. officials stated that 'a U.S. military base in Jordan was attacked four times in five days, resulting in the deaths of two American service members,' while Iran's Supreme Leader emphasized that the United States would be given a 'lesson it would neve

According to U.S. sources on July 18, several U.S. officials stated that Iran has launched four attacks over the past five days against U.S. military bases in Jordan, resulting in two American military personnel killed, dozens injured, and multiple helicopters damaged.

wallstreetcnJul 19 09:44

US Airstrikes Trigger Iran Freeze on MoU Deal; Kuwait Oil Site Hit

BenzingaJul 19 00:07

Kuwait Halts All Flights After Iranian Attacks; Oil Prices Spike as Regional Escalation Intensifies

BenzingaJul 18 22:05

Express News | Spokesperson for the Kuwait Ministry of Defense: Since early this morning, the armed forces have detected hostile ballistic missiles and drones within Kuwaiti airspace and have intercepted and neutralized them. Iran's attacks continue to target multiple m

BreakingsJul 18 19:04

Express News | Ukrainian President Volodymyr Zelenskyy stated that Ukraine struck two major logistics facilities in Russia’s Moscow and Tambov regions and targeted Russian oil infrastructure.

BreakingsJul 18 16:17