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Oil Prices Surge<br> Above $80, European Stocks Slide

Panama's oil/chemical tanker Ocean Jewel sails near Bandare Asaluyah, Iran, on Jan. 27, 2026. (Getty Images)

Oil Prices Surge
Above $80, European Stocks Slide

Oil prices continued soaring Tuesday, with Brent crude jumping 9% to above $85 a barrel — its highest level since July 2024. European natural gas prices rose another 45%. It is the third session oil prices have risen as the U.S.-Israeli conflict with Iran widens, disrupting fuel shipments and heightening fears of further Middle East oil and gas supply disruption. [Full Story]

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