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Oil above $90

Oil above $90

Published 1 month ago
Description

Crude tops $90 a barrel for the first time since early June as U.S. strikes on Iran enter their ninth day and two tankers are hit in the Strait of Hormuz. Markets are also watching Alphabet's Wednesday earnings, the first of the major hyperscalers to report. Plus, Andy Burnham is formally named Britain's new prime minister and investors wait to learn who will fill the key role of Finance Minister.

Today’s recommended read: Forget crude. War pushes refiners to the brink, Ron Bousso

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Read more from Amanda Cooper and Anna Szymanski

Produced by Eliza Davis Beard and Abisoye Osundairo

Sound engineering and music by Sebastian and Josh Sommer

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