Archive for July 23rd, 2026

New Overnight Developments Abroad - Daily Update

Much Stronger Oil Price Lifts Dollar Especially Against Rand Following Surprise Interest Rate Decision by South African Reserve Bank

July 23, 2026

The price of West Texas Intermediate crude oil catapulted around 5% higher overnight and is presently a bit above $91.0 per barrel.The price had fallen previously as low as $68.58 on the first day of this month. Iran and U.S. forces traded shots for a twelfth straight day, but today’s big development in that war […] More

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