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Oil Prices Rise as Middle East Risks Deepen Supply Concerns

Kuala Lumpur, 15 July 2026 – Oil prices climbed on Wednesday as worsening tensions in the Middle East renewed concerns over energy supply security, keeping investors focused on the risk of disruption along one of the world’s most important crude and liquefied natural gas shipping routes.

Brent crude rose 1.2% to US$85.72 per barrel, while West Texas Intermediate advanced 0.8% to US$79.98 per barrel, extending market volatility after traders reassessed the potential impact of regional instability on global energy flows.

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  • Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.

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