Oil prices jump 4% as Rubio says Iran ‘not serious’ about peace talks

• Oil prices were almost 4% higher on Wednesday, as conflict in the Middle East continued to escalate.
• U.S. forces carried out their 11th consecutive evening of strikes on Iran overnight.
• The Strait of Hormuz, key to the shipping of oil, remains a sticking point in negotiations between the two sides.

https://www.cnbc.com/2026/07/22/oil-prices-iran-war-macro-rubio-brent-wti.html