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Oil Price Today (July 16): Crude oil at $86, rises for 4th day as US-Iran attacks continue. What are experts saying?

Markets-Economic Times · 2h ago · 🇮🇳 India
Oil Price Today (July 16): Crude oil at $86, rises for 4th day as US-Iran attacks continue. What are experts saying?

The United States on Wednesday targeted Iran's coastal defence systems and missile sites after reimposing a naval blockade on Iranian ports. In response, Iran warned that it could further restrict regional energy exports, saying it was fighting an "existential war" against the U.S.

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