Markets
July 20, 2026
Oil and Gas Prices Jump Past $90 as Two Mined Tankers Push Insurers Toward $100
Oil traders have spent months reacting to missiles, drone strikes and naval standoffs in the Gulf. None of them changed the market like this. Iran’s claim that two oil tankers were destroyed after striking mines in the Strait of Hormuz has sent oil and gas prices sharply higher. But the real threat isn’t the explosions. […]