Oil prices jump 4% as US-Iran tensions close Strait of Hormuz
https://www.foxnews.com/politics/irans-biggest-weapon-against-us-may-slipping-away-experts-say Oil prices jump 4% as US-Iran tensions close Strait of Hormuz WTI crude oil prices in July 2026 Share Add us on Google by Estefano Gomez Jul. This follows a series of events over the weekend, including U.S. military strikes on Iranian targets and Iran’s subsequent closure of the Strait of Hormuz, a key oil transit chokepoint. The market’s response reflects heightened supply concerns, with Brent Crude futures reaching $79 per barrel, the highest in over three weeks.
- ▪https://www.foxnews.com/politics/irans-biggest-weapon-against-us-may-slipping-away-experts-say Oil prices jump 4% as US-Iran tensions close Strait of Hormuz WTI crude oil prices in July 2026 Share Add us on Google by Estefano Gomez Jul.
- ▪This follows a series of events over the weekend, including U.S. military strikes on Iranian targets and Iran’s subsequent closure of the Strait of Hormuz, a key oil transit chokepoint.
- ▪The market’s response reflects heightened supply concerns, with Brent Crude futures reaching $79 per barrel, the highest in over three weeks.
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https://www.foxnews.com/politics/irans-biggest-weapon-against-us-may-slipping-away-experts-say Oil prices jump 4% as US-Iran tensions close Strait of Hormuz WTI crude oil prices in July 2026 Share Add us on Google by Estefano Gomez Jul. 13, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Oil prices have surged by 4% in Asian markets, hitting a new high as tensions between the United States and Iran escalate.
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