Markets · Commodity markets, July 17

What moved in commodities

Friday, July 17, 2026. From GEO's evening brief, after the close.

Crude jumped more than 4% into the weekly close as the US-Iran conflict entered a seventh night of strikes and the status of the Strait of Hormuz remained uncertain. WTI is trading at $82.47/bbl and Brent at $88.09/bbl, with the escalation rippling into distillate and softs markets as well.

Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.