Oil prices sink, shrugging off renewed Middle East fighting
July 15, 2026
(Investing) – Oil prices fell on Wednesday, shrugging off a new wave of U.S. attacks against Iranian military installations that aimed to limit Tehran’s ability to strike shipping in the Strait of Hormuz and taking heart from a smaller-than-expected drop in U.S. crude oil inventories. Brent futures fell $1.11, or 1.31%, to $83.62 a barrel at 10:43 a.m. CDT (1543 GMT). West Texas Intermediate
