Brent crude tops $95 amid US strikes on Iran

financeJul 22, 2026231,909

U.S. Central Command said it struck targets in Iran, and Brent crude topped $94 a barrel after the announcement. Analysts warned that a widening Middle East war together with low global inventories threatened supplies and pushed prices higher. Rising fuel costs are already hitting economies in Asia, prompting the Philippines and other developing countries in the region to push to build strategic petroleum reserves to cushion against future shocks. The supply concern and prospect of further regional escalation are the proximate drivers behind the recent price jump.

Robert Reich

@rbreich.bsky.social

According to @itep.org, the typical American households has spent an extra $468 on gas since the start of Trump's Iran War. Overall, people in the U.S. have paid $62.5B more to the oil industry, to date, since prices began to rise. This is all happening due to the whims of one man.

99345d ago

tasteequee.bsky.social9

$3 is starting to feel cheap, and that’s the point. It’s engineered inflation.

markj5.bsky.social7

Great news for the oil companies. They’ll report record quarterly profits again…🤨

Adam Hunt 🇨🇦5

and, of note, the domestic oil industry's costs have not changed, so this is all profit.

For the People4

Trump tarrifs nee car Americans paid an extra $1600 on avg

Julie Hotard Ph.D., writer, effects of disinfo on social systems4

It's not. The whole GOP is going along with this. W/o them, T wd just be a deranged man wandering around alone.

CurisQui 🦋 Anti-Fascist ❌👑4

Feeling the pinch? Most people are. And I believe the American people are beginning to connect the dots- to Trump and his forever war for OIL. Just ask your friends- were you better off two years ago?

Quoting this

Khashoggi's Ghost80

Well worth the money they gave to Trump's campaign.

Navigator Research3

📊 New Navigator data: ⛽ 62% of Americans say skyrocketing oil and gas prices due to the Iran War raises serious doubts about Trump’s leadership. navigatorresearch.org/war-with-ira...

Libbie Zorden3

On top of all that, the $1.5 Trillion they want for defense equals $4,500 apiece for every man, woman and child in America — that's $18,000 for a family of four.

truthseeker19.bsky.social2

FUCK Trump's pointless, failed Iran War.

Mark Chadbourn

@chadbourn.bsky.social

Brent Crude has just risen again, to $94 a barrel. Trump’s now threatening heavy strikes on Pickaxe Mountain, a heavily-fortified site linked to Iran’s nuclear program. No end in sight.

43445d ago

Mark Chadbourn174

Iran has always maintained its nuclear program was for peaceful reasons and the Obama agreement enforced that. With Trump’s War, hardliners are now saying Iran needs nukes as a deterrent. 1/2

Duncan Jones (aka Merrion) (he/him)23

The perverse incentive of this war making his Venezuelan oil theft more valuable means he really is not incentivized to end it. Yes - pain at the pumps may well lead to huge losses at the midterms for Republicans but he really likes money. Really really likes money.

Dragonrider "Is he dead yet?" 🐠🐟 Try/Me 🏳️‍🌈🏳️‍⚧️14

It was $65 a barrel when this started...

James Woodfield9

That doesn’t make sense - the nuclear program was obliterated. Are you spreading Fake News?

Atari Amstradsen9

You are going to have to pull him down. He doesnt understand politics or war. He's living in a bubble where he , his family and friends can profit.

julibluesky6

mataphor US "ending the war" bsky.app/profile/lind...

Quoting this

Solomon120

I don’t know what to tell you… i voted for that lady

Dennis Detwiller12

Just the dumbest motherfuckers on the planet. And you elected them. Twice.

Benjamin Bedbreaker11

Trump will bring about Armageddon

💢Marx Was Right.🕊3

All this shit for Israel. That’s how compromised and bought Congress and Trump are.

James Mac, CEO of ANTIFA™️2

Brent Crude is such a jackass. All my homies hate Brent Crude.

FinTwitter

@fintwitter.bsky.social

BRENT CRUDE FUTURES SURPASS $95/BBL, FIRST TIME SINCE JUNE 11

11245d ago

Quoting this

Trending Finance4

Brent blasts past $95, finally. #econsky

Tim Ellis 🍁3

To the moon! Also fill your tank lol

MAKS 26 👀🇺🇦

@maks23.bsky.social

🛢️📈 Brent crude rose to $94.4 per barrel amid escalation between the US and Iran, - CNN. The price of Brent crude rose by another 3.7% over the past 24 hours, reaching $94.4 per barrel. The price of US West Texas Intermediate (WTI) crude rose by 4% to $87.71 per barrel.

10945d ago

Financial Times

@financialtimes.com

The US president’s threat comes amid a flare-up in the nearly five-month conflict that has driven oil to $91 a barrel. Goldman Sachs has warned Brent crude could soar to $120 if the Strait of Hormuz remains ‘disrupted’ by the fourth quarter of this year. ft.trib.al/VLgim2r

Image description: Donald Trump looks to the side while seated in the Oval Office, wearing a blue suit and red tie with an American flag pin. Credit: Saul Loeb/AFP/Getty Images. Overlaid text reads: Trump vows to attack Iranian nuclear facility as Middle East war escalates

3845d ago

TheResistance1

Wait…have we been punked?! Thought they said it was obliterated…😑

Oz1

Add to that the US oil reserves are the lowest theyve been in over 20 years, and Trump is pissing off Canada, the largest foreign supplier of inexpensive crude oil for the US to refine... Expect things to get FAR worse before they even come close to starting to get better.

Steve Cook1

Threat of the week from donald trump, strategic genius.

Lee West

@whodat35.bsky.social

Like clockwork, after markets are closed, and the House of Reps narrowly passed that messed up budget bill, the U.S. Is striking Iran AGAIN. US military says it’s carrying out strikes on Iran as both sides threaten civilian infrastructure | AP 6:28 PM EDT, July 22, 2026 apnews.com/article/iran...

2644d ago

CharChar2

12 Democratic reps who have to go. Theyt're too stupid to stay in Congress.

Annalisa1

And now we're looking to attack Mali? Wtf.

Mohamed A. El-Erian

@elerianm.bsky.social

Oil prices have surged 5% this morning, pushing Brent crude to $95 per barrel. CNBC data below. #economy #markets #oil #energy

3645d ago

Robin Martin

@martinrca.bsky.social

“Rising Costs, New Tariffs, Slower Job Growth, Fewer Benefits - …renewed war has caused Brent crude to hit $90 a barrel, gas prices to hit $4 a gallon again. Trump could have allowed his tariffs to expire, lowing prices for Americans. Instead he chose to levy new tariffs, keeping prices high.”

1946d ago

Ken Bazinet

@kenbazinet.bsky.social

The average price of a gallon of gas in U.S. jumped by nearly a nickel overnight to $4.06, AAA reported. The average price of a gallon of gas in the U.S. two days before Trump and Netanyahu attacked Iran was $2.98. #IranWar #GasPrices #InflationNation #SummerVacation

1945d ago

Signe Calder

@signecalder.bsky.social

11 straight nights of bombing Iran and for what? Ngl, they already hid their nukes deep in the mountains. We just blew $37.5B in missiles and spiked gas to $92. Total joke

2045d ago

Reuters

@reuters.com

⛽ Brent crude is climbing again as fighting in the Gulf continues and Saudi tankers are turned back. Hear the latest on Reuters Morning Bid reut.rs/4feSXAr

1745d ago

Former Pingu Child Actor (BANISHED)

@cursedpingu.bsky.social

Iran had said it would resume MOU if the US performer (fulfilled all demands) on day 1, all the sanctions lifted, stolen money returned, etc. else it will continue to crush US and vassals but with gloves off. Metanwhile US is threatening new strikes if Iran does not surrender.

1645d ago