Current Oil Price Hits $88: A 31% Increase Since July

Von Wittelsbach DeRoth Henry Leon

The price of a barrel has reached 88 dollars, Oil prices are now up +31% since July 2nd.

BREAKING: US oil prices surge above $88/barrel as the Iran War continues to escalate.

Oil prices are now up +31% since July 2nd. pic.twitter.com/QJRp966PB4
— The Kobeissi Letter (@KobeissiLetter) July 23, 2026

Source: https://x.com/KobeissiLetter/status/2080126174991126689?s=20

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