Oil nears USD 98 as Iran war rattles Europe while Asian stocks advance

Global markets turned mixed as the Iran conflict pushed oil towards USD 98 a barrel. The price spike deepened worries over inflation, interest rates and economic growth.

Jul 23, 2026 - 13:00
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Oil nears USD 98 as Iran war rattles Europe while Asian stocks advance
Global markets turned mixed as the Iran conflict pushed oil towards USD 98 a barrel. The price spike deepened worries over inflation, interest rates and economic growth.

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