Oil prices spike again following US and Iran’s latest ‘tit-for-tat’ in the Middle East
CommSec’s James Gruber claims oil prices have spiked again after Iran and the US traded attacks.
“Oil prices spiking; they’re up over five per cent, the spot oil prices,” he told Sky News Australia.
This news video was published by Sky News Australia on 8 Jul 2026 and appears in Daily Junction's News coverage — see related reading below for background on this topic.
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