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Oil Prices

US Launches Fresh Strikes on Iran as Strait of Hormuz Remains Closed

US Launches Fresh Strikes on Iran as Strait of Hormuz Remains Closed

US-Iran hostilities have caused the closure of the Strait of Hormuz, disrupting energy markets and triggering reciprocal strikes on military infrastructure.

Business ·17 Jul 2026, 13:34 ·Maeve Turner 3 min read
Oil rises on intensifying US-Iran hostilities and threat of Red Sea ...

Oil rises on intensifying US-Iran hostilities and threat of Red Sea ...

Brent crude and WTI prices surged on July 17, 2026, as renewed military strikes between the U.S. and Iran raise fears of disruptions to global oil corridors.

Business ·17 Jul 2026, 11:06 ·Maeve Turner 3 min read
Hormuz Risk Is Back: Why The Market Is Wrong On Energy - Forbes

Hormuz Risk Is Back: Why The Market Is Wrong On Energy - Forbes

Renewed conflict in the Strait of Hormuz and the revocation of a key U.S. sanctions license have created significant energy market uncertainty.

Business ·16 Jul 2026, 10:41 ·Maeve Turner 5 min read
US-Iran War Live: Iran wants to settle, says Trump as Washington weighs next move

US-Iran War Live: Iran wants to settle, says Trump as Washington weighs next move

President Trump stated Iran wants to settle as U.S. naval blockades and missile strikes expand, threatening critical global shipping routes.

World ·16 Jul 2026, 07:04 ·Leah Bennett 4 min read
Iran threatens to block additional trade routes after US strikes

Iran threatens to block additional trade routes after US strikes

U.S. forces struck Iranian military installations in a coordinated wave of attacks, leading Tehran to threaten the closure of further global energy transit routes.

World ·15 Jul 2026, 21:07 ·Leah Bennett 4 min read
Oil prices rise as hostilities worsen in the Middle East

Oil prices rise as hostilities worsen in the Middle East

Brent and WTI crude prices increased after U.S. strikes on Iranian military targets sparked fears of supply disruptions through key energy shipping routes.

Business ·15 Jul 2026, 16:05 ·Maeve Turner 4 min read
Oil prices rise as hostilities worsen in the Middle East

Oil prices rise as hostilities worsen in the Middle East

Crude oil benchmarks have climbed as military conflict between the U.S. and Iran threatens to disrupt energy trade through the Strait of Hormuz. Gulf exports have dropped significantly following the reimposition of naval blockades and threats to energy infrastructure.

Business ·15 Jul 2026, 13:04 ·Maeve Turner 3 min read
US resumes naval blockade of Iran as airstrikes intensify

US resumes naval blockade of Iran as airstrikes intensify

U.S. Central Command has reinstated a naval blockade of Iranian ports following the collapse of a ceasefire. The move signals a major escalation as the U.S. bolsters its maritime presence to secure the Strait of Hormuz.

World ·15 Jul 2026, 01:12 ·Leah Bennett 3 min read
Oil prices hit one-month high as US-Iran hostilities threaten Hormuz trade

Oil prices hit one-month high as US-Iran hostilities threaten Hormuz trade

Brent crude futures rose as military engagements in the Strait of Hormuz reduced shipping traffic by over 50 percent. The crisis is fueling supply concerns and expectations of potential Federal Reserve interest rate hikes.

Business ·14 Jul 2026, 09:08 ·Maeve Turner 3 min read
Oil prices surge as Middle East fighting spikes, AI stocks tumble

Oil prices surge as Middle East fighting spikes, AI stocks tumble

Global financial markets face pressure from escalating Middle East hostilities driving oil prices and a pullback in AI-led tech shares. Investors are now awaiting quarterly earnings reports from major financial institutions to gauge potential economic impacts.

Business ·14 Jul 2026, 08:05 ·Maeve Turner 3 min read
Trump reinstates Iran blockade, orders 20% toll on Hormuz cargo

Trump reinstates Iran blockade, orders 20% toll on Hormuz cargo

President Trump has reimposed a naval blockade and announced a 20% transit fee for vessels in the Strait of Hormuz following intense military exchanges. The policy shift has caused Brent crude prices to climb as shipping companies face significant uncertainty regarding trade costs.

World ·13 Jul 2026, 20:34 ·Leah Bennett 3 min read
Oil prices surge and Nasdaq futures slide after US and Iran exchange strikes

Oil prices surge and Nasdaq futures slide after US and Iran exchange strikes

Global financial markets face volatility as military engagement near the Strait of Hormuz drives up oil prices and creates downward pressure on equities.

Business ·13 Jul 2026, 17:34 ·Maeve Turner 3 min read
Oil prices surge as US-Iran strikes intensify, raising fears over Hormuz shipping

Oil prices surge as US-Iran strikes intensify, raising fears over Hormuz shipping

Global energy markets are experiencing increased volatility as military escalations between the U.S. and Iran threaten maritime trade in the Strait of Hormuz.

Business ·13 Jul 2026, 10:02 ·Maeve Turner 3 min read
Oil prices surge 5 percent as US and Iran clash over Strait of Hormuz

Oil prices surge 5 percent as US and Iran clash over Strait of Hormuz

Oil prices spiked following the collapse of a ceasefire and intensified military strikes between the U.S. and Iran. Tehran has declared the Strait of Hormuz closed to traffic amid this escalating conflict.

World ·13 Jul 2026, 09:02 ·Leah Bennett 3 min read
US seeks Iranian pledge to free up Strait of Hormuz

US seeks Iranian pledge to free up Strait of Hormuz

Washington is pushing for a public pledge from Tehran to keep the Strait of Hormuz open as mediation efforts begin in Oman following recent military strikes.

World ·11 Jul 2026, 19:31 ·Leah Bennett 4 min read
Trump declares ceasefire with Iran over despite ongoing diplomatic talks

Trump declares ceasefire with Iran over despite ongoing diplomatic talks

President Trump has declared the end of the ceasefire agreement with Iran following a week of military strikes, though both nations continue diplomatic talks.

World ·11 Jul 2026, 03:31 ·Leah Bennett 3 min read
US-Iran escalation threatens oil supply recovery, warns IEA

US-Iran escalation threatens oil supply recovery, warns IEA

Renewed military conflict between the U.S. and Iran has effectively closed the Strait of Hormuz, disrupting up to 14 million barrels of daily oil shipments. The IEA warns this escalation puts projections for global energy market stabilization in jeopardy.

Business ·10 Jul 2026, 18:10 ·Maeve Turner 3 min read
Trump declares Iran ceasefire over following escalating military strikes

Trump declares Iran ceasefire over following escalating military strikes

Following a volatile exchange of military strikes, President Trump has declared an end to the Iran ceasefire, sparking global energy market concerns. The escalation follows attacks on shipping in the Strait of Hormuz and retaliatory U.S. strikes on Iranian targets.

World ·8 Jul 2026, 14:32 ·Leah Bennett 3 min read
US strikes 80 Iranian targets after attacks on shipping in Strait of Hormuz

US strikes 80 Iranian targets after attacks on shipping in Strait of Hormuz

US forces launched strikes on Iranian military infrastructure and vessels in retaliation for attacks on commercial ships. The operation has halted diplomatic negotiations and impacted global energy markets.

World ·8 Jul 2026, 05:06 ·Leah Bennett 3 min read
UK energy bills rise by 13 percent as Iran conflict impacts markets

UK energy bills rise by 13 percent as Iran conflict impacts markets

UK households face a 13 percent increase in energy bills as market impacts from the conflict involving Iran continue. Experts note that retail costs remain high due to supply chain lags despite recent cooling in global oil prices.

Cost of Living ·5 Jul 2026, 14:31 ·Maeve Turner 3 min read