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  2. Economy

Oil exceeds 90 dollars per barrel due to the conflict between the USA and Iran. Analysts predict further increases in price.

Ana-Maria Tapescu
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20 July 2026, 09:03
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The price of Brent crude oil has exceeded 90 dollars per barrel, in the context of escalating conflict between the United States and Iran, especially around the Strait of Hormuz. This increase in prices has been driven by American airstrikes on sites in Iran, which took place over nine consecutive nights. The American administration has stated that these operations will continue to weaken Iran's military capabilities.

Analysts at Quantum Strategy warn that the oil market is becoming increasingly tense, and prices could reach between 95 and 105 dollars per barrel if military tensions persist. President Trump stated that Iran has suffered significant military losses, while the Iranian press reported retaliatory attacks.

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Petrolul depășește 90 de dolari, iar aceasta „este doar începutul”
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Prețul petrolului a crescut la 90 de dolari pe baril, cel mai ridicat din ultima lună. Stocurile sunt cele mai reduse din ultimii 5 ani
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Financial Intelligence
Prețul petrolului Brent depășește 90 de dolari, pe fondul intensificării atacurilor dintre SUA și Iran în Orientul Mijlociu

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NEWS ON THE SAME TOPICS

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Oil prices rose sharply by almost 5% after the American attacks on Iran, amplifying fears about energy supply.
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The price of Brent crude returns above the $100-per-barrel threshold amid risks in the Persian Gulf
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Oil prices rising / Brent approaches a five-month high amid tensions in the Middle East
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Oil and European gas prices rise amid risks in the Middle East
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JP Morgan acknowledges that it cannot predict the evolution of oil prices amid uncertainty over the war between the US and Iran
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Crude oil exports through the Strait of Hormuz have increased in recent weeks, but the intensification of Iranian attacks threatens shipments
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petrol price escalating conflict Iran USA

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