London, January 23, 2026 – Oil prices rose during Friday’s trading, heading towards weekly gains, after the US President renewed his threats against Iran amid fears of supply disruptions.
March delivery Brent crude futures rose by approximately 0.75% or 47 cents to $64.53 per barrel, while March delivery WTI crude futures increased by 0.75% or 43 cents to $59.79 per barrel.
London
London is the capital of the United Kingdom, a historic city founded by the Romans as Londinium nearly two millennia ago. It has since grown into a major global financial and cultural hub, renowned for landmarks like the Tower of London, Buckingham Palace, and the Houses of Parliament.
Iran
Iran, historically known as Persia, is home to one of the world’s oldest continuous civilizations, with a recorded history spanning thousands of years. Its rich cultural heritage includes numerous UNESCO World Heritage sites, such as the ancient ruins of Persepolis and the architectural marvels of Isfahan, reflecting the influence of various empires from the Achaemenids to the Safavids.
