Oil prices crossed $100 for the first time in 2 months
July 23, 2026 8:37 am, EDT | Update: July 23, 2026 10:49 am, EDT (Brandon Bell/Getty Images/Bloomberg) key takeaways: The escalating war with Iran has pushed Brent crude sharply higher. Rising oil prices are weighing on stocks as they make consumers more cautious about spending while most businesses’ costs increase and their profits decrease. Airlines