# Oil Soars as Middle East Tensions Escalate | Business and Finance News

Page: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/oil-soars-as-middle-east-tensions-escalate-business-and-finance-news
Text version: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/oil-soars-as-middle-east-tensions-escalate-business-and-finance-news.md
Podcast: [Business News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192)
Published: 2026-07-13T05:40:13+00:00
Episode link: https://sources.thednn.ai/29387965eea4bb55
Audio file: https://api.fastcast.ai/audio/09620d88-e5b9-467f-8497-8cc888aee9f4.mp3
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Duration seconds: 105

## Resource

Oil prices surge again as Brent crude hits $78.96 and U.S. crude climbs to $74.26, reversing a brief dip after Iran’s attack on a container ship triggers U.S. strikes and retaliatory strikes across the Middle East — rattling global markets and sending U.S. and Asian stock indexes lower. Meanwhile, SK Hynix’s volatile debut highlights AI stock frenzy vs. real earnings, while investors brace for a critical earnings season as major U.S. banks face pressure to prove their high valuations are sustainable amid stubborn inflation and high yields. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/29387965eea4bb55

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## Transcript

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