Oil prices were around $72 per barrel on February 27, 2026, and peaked at around $120 per barrel soon after the conflict started.

reported by one outlet so far · Reported fact · first recorded Jul 8, 9:30 PM

How each outlet reported it

Deutsche WelleCenter · Jul 8, 9:00 PM

Oil prices were around $72 per barrel on February 27, 2026

Details: $72 per barrel; February 27, 2026

Deutsche WelleCenter · Jul 8, 9:00 PM

Oil prices peaked at around $120 per barrel soon after the conflict started

Details: $120 per barrel