Security
US-Iran Update: Oil Prices Surge By 4% as Iran Escalates Fresh Attacks on Gulf Allies
CoinGape·July 17, 2026·1 min read
Iran launched missile and drone strikes on Kuwait's power and desalination plants on July 17, deepening the US-Iran confrontation. Oil prices surged over 4%, pushing Brent crude toward $79 and WTI to similar highs, stoking inflation fears and rattling risk assets. No specific tokens are mentioned.
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