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51 new news items in the last 24 hours
  1. Home
  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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International
Oil prices rose sharply by almost 5% after the American attacks on Iran, amplifying fears about energy supply.
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Economy
The price of Brent crude returns above the $100-per-barrel threshold amid risks in the Persian Gulf
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International
The price of oil fell below 90 dollars following Iran's offer, viewed as a move concerning the Strait of Hormuz
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Current Affairs
Oil prices rising / Brent approaches a five-month high amid tensions in the Middle East
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International
Oil and European gas prices rise amid risks in the Middle East
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Economy
Oil prices fell by more than 7% on Monday, amid signals from Iran indicating openness to peace negotiations with the United States
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petrol price escalating conflict Iran USA

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