Brent Crude Rises to $78 Amid Escalating US-Iran Tensions

Invezz · Jul 12, 2026 00:00

Brent crude oil prices climbed to $78 per barrel on July 12, 2026, on Hyperliquid, driven by renewed military strikes and heightened geopolitical tensions between the United States and Iran. This escalation has injected a significant risk premium into the market.