Basrah crudes rise following US strikes on Iran
2026-07-09T06:30:17+00:00
Shafaq News- Basrah
Iraq's Basrah crude rose more than 8% on Thursday, tracking gains in global oil prices after US strikes on Iran, according to oil price data reviewed by Shafaq News.
Basrah Heavy crude rose 8.49% to $49.22 per barrel, while Basrah Medium crude gained 8.11% to $51.32 per barrel.
Brent crude futures rose 86 cents, or 1.1%, to $78.88 a barrel by 0352 GMT, while US West Texas Intermediate crude futures gained 85 cents, or 1.2%, to $74.37 a barrel.
OPEC's basket also rose to $72.36 per barrel, while UAE's Murban crude gained 6.67% to $73.57 per barrel.
