The Modern Dispatch

Brent Crude

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Surging crude oil wave crashing over a stock market ticker, with a red-tinged Middle East map in the background, symbolizing the impact of the Iran war on global oil prices.
Lifestyle

Iran War Sparks Oil Surge, Brent Crude Hits $120

Brent crude oil prices surged from around $72 a barrel on February 27 to nearly $120 a barrel, according to CNBC .

Adrian Vale·June 5, 2026