Markets · Commodity markets, July 20

What moved in commodities

Monday, July 20, 2026. From GEO's evening brief, after the close.

Middle East supply risk remains the dominant thread across the complex, with Iran declaring the Strait of Hormuz effectively closed and crude, products, and European gas holding elevated. WTI is at $82.96/bbl and Brent near $89/bbl. Away from oil, silver and copper firmed while grains rallied on Black Sea concerns.

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