Home Business News Oil jumps nearly 7% on escalating Middle East airstrikes

Oil jumps nearly 7% on escalating Middle East airstrikes

Oil jumps nearly 7% on escalating Middle East airstrikes

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Published: July 29, 2026 19:31:09 IST

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By Stephanie Kelly LONDON, July 29 (Reuters) – Oil prices jumped nearly 7% on Wednesday as major airstrikes resumed in the Middle East and dashed hopes for an imminent end to the U.S.-Israeli war with

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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