Global oil prices settle at onemonth high despite new Iran ceasefire proposal, as blockade on Saudi Arabia by Yemen’s Houthis keeps market on edge
Jul 20, 2026
Oil prices settled at one-month highs in volatile trading on Monday as traders weighed escalating geopolitical tensions following a fresh barrage of strikes across the Middle East over the weekend against reports of a new ceasefire proposal between the U.S. and Iran.
https://www.marketwatch.com/story/oil-prices-surge-stock-futures-dip-as-fighting-between-u-s-and-iran-intensifies-6fb37c79?mod=mw_rss_topstories
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