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airstrikes

Specialists work at a drilling rig at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 20, 2026. REUTERS/Pavel Mikheyev
Jul 29, 2026

Oil jumps 7% on escalating Middle East airstrikes

Oil prices surged 7% following renewed Middle East airstrikes and U.S. crude inventories hitting a multi-year low, raising supply concerns.

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