World · 22 July 2026

Oil prices jump 4% as Rubio says Iran “not serious”

Global oil prices rose on Wednesday after the US carried out its eleventh night of strikes against Iran. America will continue to safeguard shipping in the Strait of Hormuz, a vital oil route, according to US Secretary of State Marco Rubio. He also said Iran doesn't seem serious about a deal, having broken a recent agreement.

By BriefTea Editorial · 22 July 2026 at 12:32

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