Oil prices rise after Trump says Iran will pay for killing U.S. service members

Oil prices have surged around 20% this month as fighting between the U.S. and Iran has sharply escalated.

# Oil prices rise after Trump says Iran will pay for killing U.S. service members Oil prices have surged around 20% this month as fighting between the U.S. and Iran has sharply escalated. **Read the full article:** [CNBC](https://www.cnbc.com/2026/07/20/oil-prices-today-brent-wti-crude-us-iran-centcom-hormuz.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*