Wednesday, July 22, 2026

Oil prices climb as US strikes Iran for 11th night

Oil prices have inched up in early trading as concerns over potential supply shocks grow amid the continued US attacks on Iran.

Brent crude futures rose by 0.55 percent, or 50 cents, to $91.51 per barrel after trading opened today, according to Reuters, while US West Texas Intermediate (WTI) crude gained 0.36 percent, or 30 cents, to $84.64 amid light trading volumes.

 US Central Command (CENTCOM) says it has completed its 11th consecutive evening of air strikes against Iran to further degrade the country’s “ability to threaten commercial shipping in the Strait of Hormuz”.

In a statement, CENTCOM said that US forces targeted “Iranian military operations centres, maritime capabilities, aircraft hangars, drone storage facilities, and military logistics infrastructure”.

7 comments:

xronos said...

According to a source, U.S. strikes targeted the base of the 15th Imam Hassan Mojtaba Special Forces Brigade of Iran's Islamic Revolutionary Guard Corps (IRGC) Ground Forces in Behbahan.

xronos said...

Reports of multiple explosions in the Parchin area, southeast of Tehran. The Parchin Military Complex may be the target of U.S. airstrikes.

xronos said...

Los sistemas de defensa aérea se activaron la noche del 21 al 22 de julio en distintas zonas de Teherán para hacer frente a los "objetivos hostiles", informa la agencia Tasnim.

xronos said...

Il CENTCOM dopo circa un'ora annuncia di aver concluso gli attacchi in Iran

xronos said...

Iran’s military claims to have launched drones at US military facilities at Camp Doha in western Kuwait.

xronos said...

Kuwaitis are rationing electricity after Iranian strikes on power infrastructure raised fears of outages during peak summer heat.

Authorities say public conservation efforts have helped ease pressure on the grid as the country grapples with soaring demand.

xronos said...

More than 500 US military personnel were injured during the US unprovoked military aggression against Iran. This was reported by Associated Press citing a source.

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