The US-Iran Conflict Surges Again, WTI Crude Oil Sees Intraday Gain of Up to 7%

BlockBeats News, July 29th. Today, Trump made a tough statement on Iran, and the Israeli Prime Minister visited the United States, raising market expectations for a resurgence of US-Iran tensions.

Impacted by this news, according to Bitget market data, WTI crude oil saw a intraday gain of up to 7.00%, now trading at $83.7 per barrel. Brent crude is up 6.5%, trading at $87.3 per barrel.