{"id":165472,"date":"2026-07-23T09:53:19","date_gmt":"2026-07-23T04:23:19","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=165472"},"modified":"2026-07-23T09:53:20","modified_gmt":"2026-07-23T04:23:20","slug":"crude-oil-price-today-six-week-high-us-iran","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/","title":{"rendered":"Crude Oil Price Today Jumps to Six Week High as US Launches New Strikes on Iran and Houthi Targets"},"content":{"rendered":"<div class=\"meta-block\">\u00a0<\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Brent crude up 2% at $96, six week high, 23 Jul 2026. Settled $3 higher at $94.07 previous session. WTI up 1.7% at $88.27 after rising nearly 3% Wednesday.<\/em><\/p>\n<p>The <strong>crude oil price today<\/strong> jumped more than 1.5 percent to its highest level in more than six weeks, with the United States launching a new round of strikes on Iran while Yemen&#8217;s Houthis targeted oil tankers in the Red Sea. Brent crude futures rose $1.93, or 2 percent, to $96, the highest since 8 June, after having already settled over $3 higher at $94.07 in the previous session. US West Texas Intermediate crude rose $1.44, or 1.7 percent, to $88.27, extending gains after rising nearly 3 percent on Wednesday.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=crude-oil-price-today-six-week-high\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#Crude_Oil_Price_Levels_Today\" title=\"Crude Oil Price Levels Today\">Crude Oil Price Levels Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#Why_Oil_Prices_Are_Surging_Today\" title=\"Why Oil Prices Are Surging Today\">Why Oil Prices Are Surging Today<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#Fresh_US_Strikes_on_Iran\" title=\"Fresh US Strikes on Iran\">Fresh US Strikes on Iran<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#Houthi_Attacks_on_Red_Sea_Oil_Tankers\" title=\"Houthi Attacks on Red Sea Oil Tankers\">Houthi Attacks on Red Sea Oil Tankers<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#What_Rising_Crude_Oil_Prices_Mean_for_India\" title=\"What Rising Crude Oil Prices Mean for India\">What Rising Crude Oil Prices Mean for India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#FAQs_on_Todays_Crude_Oil_Price_Move\" title=\"FAQs on Today&#8217;s Crude Oil Price Move\">FAQs on Today&#8217;s Crude Oil Price Move<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#What_is_the_crude_oil_price_today_and_why_did_it_rise\" title=\"What is the crude oil price today and why did it rise?\">What is the crude oil price today and why did it rise?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#What_is_the_current_price_of_Brent_crude\" title=\"What is the current price of Brent crude?\">What is the current price of Brent crude?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#What_is_the_current_price_of_WTI_crude_oil\" title=\"What is the current price of WTI crude oil?\">What is the current price of WTI crude oil?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#How_could_rising_oil_prices_affect_Indian_markets\" title=\"How could rising oil prices affect Indian markets?\">How could rising oil prices affect Indian markets?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#Why_are_Houthi_attacks_affecting_oil_prices\" title=\"Why are Houthi attacks affecting oil prices?\">Why are Houthi attacks affecting oil prices?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#Is_the_current_oil_price_rally_likely_to_continue\" title=\"Is the current oil price rally likely to continue?\">Is the current oil price rally likely to continue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-six-week-high-us-iran\/#Where_can_I_track_live_crude_oil_prices\" title=\"Where can I track live crude oil prices?\">Where can I track live crude oil prices?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Crude_Oil_Price_Levels_Today\"><\/span><strong>Crude Oil Price Levels Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Benchmark<\/th>\n<th>Price<\/th>\n<th>Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Brent Crude<\/td>\n<td>$96.00<\/td>\n<td>+2.0% (six week high)<\/td>\n<\/tr>\n<tr>\n<td>WTI Crude<\/td>\n<td>$88.27<\/td>\n<td>+1.7%<\/td>\n<\/tr>\n<tr>\n<td>Brent Previous Session Close<\/td>\n<td>$94.07<\/td>\n<td>+$3 higher<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/sebi-registered-investment-advisor-india\"><strong>Learn More About Univest, a SEBI Registered Investment Advisor<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Oil_Prices_Are_Surging_Today\"><\/span><strong>Why Oil Prices Are Surging Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Two escalating conflict fronts are driving the sharp move higher in crude benchmarks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Fresh_US_Strikes_on_Iran\"><\/span><strong>Fresh US Strikes on Iran<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The United States launched a new round of strikes on Iran, sharply escalating tensions in the region and raising fresh concerns about potential disruptions to oil supply routes and production.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Houthi_Attacks_on_Red_Sea_Oil_Tankers\"><\/span><strong>Houthi Attacks on Red Sea Oil Tankers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yemen&#8217;s Houthi forces targeted oil tankers in the Red Sea, adding a second layer of supply risk along one of the world&#8217;s most critical shipping corridors for energy cargoes.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track live crude oil and commodity prices alongside Indian equity markets.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Rising_Crude_Oil_Prices_Mean_for_India\"><\/span><strong>What Rising Crude Oil Prices Mean for India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>India imports the vast majority of its crude requirements, so a sustained move toward $100 a barrel would raise import costs, pressure the current account and add inflation risk. Market commentators including Nilesh Shah of Kotak Mahindra AMC have flagged $100 oil as a key level that could trigger a broader correction in Indian equities if sustained.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>crude oil price today<\/strong> reflects a sharp escalation in Middle East tensions, with both Brent and WTI benchmarks posting strong gains over the past two sessions. Investors should track developments around the US-Iran conflict and Red Sea shipping disruptions closely, since sustained higher oil prices could have knock on effects for Indian markets. Consult a SEBI-registered advisor before making investment decisions tied to commodity price swings.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Todays_Crude_Oil_Price_Move\"><\/span><strong>FAQs on Today&#8217;s Crude Oil Price Move<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_crude_oil_price_today_and_why_did_it_rise\"><\/span><strong>What is the crude oil price today and why did it rise?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Oil prices rose to a six week high today, with Brent crude up 2 percent at $96, after the US launched new strikes on Iran and Houthi forces targeted oil tankers in the Red Sea.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_price_of_Brent_crude\"><\/span><strong>What is the current price of Brent crude?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Brent crude futures are trading near $96 a barrel, the highest level since 8 June, after rising $1.93 or 2 percent in the current session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_price_of_WTI_crude_oil\"><\/span><strong>What is the current price of WTI crude oil?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> US West Texas Intermediate crude rose $1.44, or 1.7 percent, to $88.27, extending gains after rising nearly 3 percent in the previous session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_could_rising_oil_prices_affect_Indian_markets\"><\/span><strong>How could rising oil prices affect Indian markets?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Rising oil prices raise India&#8217;s import costs and inflation risk, and a sustained move toward $100 a barrel has been flagged by market experts as a potential trigger for an equity market correction.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_are_Houthi_attacks_affecting_oil_prices\"><\/span><strong>Why are Houthi attacks affecting oil prices?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Houthi attacks on oil tankers in the Red Sea threaten one of the world&#8217;s most critical shipping corridors for energy cargoes, adding a fresh supply risk premium to crude prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_current_oil_price_rally_likely_to_continue\"><\/span><strong>Is the current oil price rally likely to continue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The rally depends on how the US-Iran conflict and Red Sea shipping disruptions evolve. Sustained escalation could push prices higher, while any de-escalation could quickly reverse recent gains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_track_live_crude_oil_prices\"><\/span><strong>Where can I track live crude oil prices?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors can track live crude oil and commodity prices alongside Indian equity markets on the Univest platform.<\/p><p><\/p>","protected":false},"excerpt":{"rendered":"<p>Crude oil price today jumped to a six week high after the US launched fresh strikes on Iran and Houthi targets hit oil tankers in the Red Sea, lifting Brent past $96.<\/p>\n","protected":false},"author":34,"featured_media":165482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802],"class_list":["post-165472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1784780602:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["76"],"rank_math_title":["Crude Oil Price Today: Six Week High on US Iran Strikes"],"rank_math_description":["Crude oil price today jumped to a six week high after the US launched fresh strikes on Iran and Houthi targets hit oil tankers in the Red Sea, lifting Brent past $96."],"rank_math_focus_keyword":["crude oil price 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