Latest Oil Market News and Analysis for July 20

Brent crude jumped after the US and Iran escalated hostilities over the weekend, including the targeting of vessels attempting to transit the Strait of Hormuz and an attack on a...

By Nicholas Lua · Bloomberg Markets

Brent crude jumped after the US and Iran escalated hostilities over the weekend, including the targeting of vessels attempting to transit the Strait of Hormuz and an attack on a key oil facility in Kuwait.