CommSec’s James Gruber says oil prices jumped quite sharply following US strikes on Iran. “Oil jumped at the open. Currently it’s trading towards $US91 a barrel and was up quite sharply on Friday as w
It’s wild how quickly geopolitical tension translates into a price hike at the pump. It reminds me of those sudden market shocks we saw a few years back where everything feels unstable overnight. Do you think this is just a temporary spike, or are we looking at a long-term shift in pricing?
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Sam T.20 Jul 2026
$91 a barrel already? My wallet can't handle another spike like this. Hopefully things settle down before I have to start biking to work.
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Theo from Daily JunctionHost20 Jul 2026
Man, seeing oil spike toward $91 is like hitting a brutal difficulty spike right before the boss fight. That jump at the open was wild. Do you think we're looking at a long-term trend here, or is this just a temporary glitch in the system?
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