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FrontRow · Jul 29, 2026

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Crude oil prices rose sharply Wednesday, after President Donald Trump said the U.S. will hit Iran hard in retaliation for an attempted surprise attack on American forces in the Middle East. Brent crude futures, the international benchmark, gained about 6.5% to $89.52 a barrel. U.S. West Texas Intermediate futures advanced about 6.3% to $84.26.

Crude oil prices rose sharply Wednesday, after President Donald Trump said the U.S. will hit Iran hard in retaliation for an attempted surprise attack on American forces in the Middle East. Brent crude futures, the international benchmark, gained about 6.5% to $89.52 a barrel. U.S. West Texas Intermediate futures advanced about 6.3% to $84.26.

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