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Oil rises above $90 as US-Iran strikes escalate; Ryanair predicts lower fares this summer - business live

Brent crude rose 2.7% to $90.49, after earlier reaching $91.41, amid ninth consecutive US strikes against Iran.

SourcesAl Jazeera00:00 UTCThe Guardian06:43 UTCSave

Key points

From The Guardian’s report
  • Brent crude is up 2.7% to $90.49, after rising as high as $91.41.
  • The US carries out its ninth consecutive night of strikes against Iran, following an unravelling ceasefire.
  • Morgan Stanley warns Europe faces diesel supply squeeze, with inventories falling to multi-year lows by year-end.
  • Segro rejects Prologis’ third £13.5bn takeover bid, including up to £2.7bn cash and 0.0890 shares.
  • Ryanair cuts fares expectations as Middle East conflict drives 1st quarter average fares 6% lower.

Why it matters. Morgan Stanley warned Europe could face a diesel supply squeeze as inventories fall to multi-year lows by year-end.

What to watch. Ryanair said it expects lower summer fares as Middle East conflict has driven first-quarter average fares 6% lower.

Coverage

Oldest first · UTC

“Iran war live: US launches new strikes; Trump mourns killed soldiers”

Key points from Al Jazeera
  • The US launched new strikes on Iran after two American soldiers were killed in Jordan.
  • US forces attacked Iran for the eighth consecutive night, per the US president.
  • The story reports US President Donald Trump mourning the soldiers’ deaths as a “sad thing”.
  • Trump said the US is “never allowing Iran to have a nuclear weapon”.
  • The update comes from live coverage published on 19 Jul 2026.
SourceAl JazeeraQatarLeanCenter-leftCredibilityRatings: AllSides, MBFCRead at Al Jazeera

“Iran war live: US military carries out another wave of strikes on Iran”

Key points from Al Jazeera
  • CENTCOM says it began a new wave of air strikes against Iran tonight.
  • The strikes continue for the ninth consecutive night to degrade Iranian military capabilities.
  • The targeted capabilities are used to attack commercial vessels in the Strait of Hormuz.
  • A US service member died in northern Iraq after a controlled detonation of unexploded ordnance.
  • The unexploded ordnance came from a downed Iranian drone, according to US Central Command.
SourceAl JazeeraQatarLeanCenter-leftCredibilityRatings: AllSides, MBFCRead at Al Jazeera

“Oil rises above $90 as US-Iran strikes escalate; Ryanair predicts lower fares this summer - business live”

Key points from The Guardian
  • Brent crude is up 2.7% to $90.49, after rising as high as $91.41.
  • The US carries out its ninth consecutive night of strikes against Iran, following an unravelling ceasefire.
  • Morgan Stanley warns Europe faces diesel supply squeeze, with inventories falling to multi-year lows by year-end.
  • Segro rejects Prologis’ third £13.5bn takeover bid, including up to £2.7bn cash and 0.0890 shares.
  • Ryanair cuts fares expectations as Middle East conflict drives 1st quarter average fares 6% lower.
SourceThe GuardianUnited KingdomLeanCenter-leftCredibilityRatings: AllSides, MBFCRead at The Guardian

Coverage

Oldest first · UTC
SourceAl JazeeraQatarLeanCenter-leftCredibilityRatings: AllSides, MBFCRead at Al Jazeera“Iran war live: US launches new strikes; Trump mourns killed soldiers”
Key points from Al Jazeera
  • The US launched new strikes on Iran after two American soldiers were killed in Jordan.
  • US forces attacked Iran for the eighth consecutive night, per the US president.
  • The story reports US President Donald Trump mourning the soldiers’ deaths as a “sad thing”.
  • Trump said the US is “never allowing Iran to have a nuclear weapon”.
  • The update comes from live coverage published on 19 Jul 2026.
SourceAl JazeeraQatarLeanCenter-leftCredibilityRatings: AllSides, MBFCRead at Al Jazeera“Iran war live: US military carries out another wave of strikes on Iran”
Key points from Al Jazeera
  • CENTCOM says it began a new wave of air strikes against Iran tonight.
  • The strikes continue for the ninth consecutive night to degrade Iranian military capabilities.
  • The targeted capabilities are used to attack commercial vessels in the Strait of Hormuz.
  • A US service member died in northern Iraq after a controlled detonation of unexploded ordnance.
  • The unexploded ordnance came from a downed Iranian drone, according to US Central Command.
SourceThe GuardianUnited KingdomLeanCenter-leftCredibilityRatings: AllSides, MBFCRead at The Guardian“Oil rises above $90 as US-Iran strikes escalate; Ryanair predicts lower fares this summer - business live”
Key points from The Guardian
  • Brent crude is up 2.7% to $90.49, after rising as high as $91.41.
  • The US carries out its ninth consecutive night of strikes against Iran, following an unravelling ceasefire.
  • Morgan Stanley warns Europe faces diesel supply squeeze, with inventories falling to multi-year lows by year-end.
  • Segro rejects Prologis’ third £13.5bn takeover bid, including up to £2.7bn cash and 0.0890 shares.
  • Ryanair cuts fares expectations as Middle East conflict drives 1st quarter average fares 6% lower.

Why it’s in the Brief

Ranked 4th of 10.

Starting score
5.0
Public-interest topic
+1.0
Public-interest terms in the text
+1.25
High-reliability sources
+0.75
Corroboration by independent outlets
+0.8
Score
8.8

The ranking is the same for everyone.

Perspective mix. 2 center-left.RatingsAllSides and Media Bias/Fact CheckLean and credibility are curated from their public ratings.Unknown outlets stay unrated, never guessed.

Blindspot. No right-leaning outlet is covering this story. Worth knowing before you make up your mind.