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By Rodrigo Santos Andrade
Oil spike above $90 signals growing strain from Iran war | Morning Bid
visibility comment0 event July 20, 2026 timer 08:00
Crude tops $90 a barrel for the first time since early June as U.S. strikes on Iran enter their ninth day and two tankers are hit in the Strait of Hormuz. Markets are also watching Alphabet’s Wednesday earnings, the first of the major hyperscalers to report. Plus, Andy Burnham is formally named Britain’s new prime minister and investors wait to learn who will fill the key role of Finance Minister.
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