Event Brief
Oil prices settle at 6-week high above $95
Filed: Jul 22, 2026 at 5:04 PM ET
Summary: Global oil prices settled at six-week highs after topping $95 a barrel amid U.S.-Iran ship-strike warnings.
WHO: Global oil market
WHAT: Oil prices settled at six-week highs after topping $95 a barrel
WHEN: Jul 22, 2026 at 4:10 PM ET
WHERE: Location not specified
WHY: Prices rose after the U.S. struck Iran for the 11th night and Trump warned of potential strikes if Iran fires on ships in the Strait of Hormuz.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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