US-Iran tensions spike oil prices as Strait of Hormuz supply fears grow
https://en.wikipedia.org/wiki/Strait_of_Hormuz US-Iran tensions spike oil prices as Strait of Hormuz supply fears grow WTI crude oil prices in July 2026 Share Add us on Google by Estefano Gomez Jul. Brent crude futures have surged to approximately $78.96, up from a previous close of $76.01, while WTI crude trades near $74.58. This volatility reflects a renewed Middle East risk premium, overshadowing other factors like increased OPEC+ production targets and rising U.S. inventories.
- ▪https://en.wikipedia.org/wiki/Strait_of_Hormuz US-Iran tensions spike oil prices as Strait of Hormuz supply fears grow WTI crude oil prices in July 2026 Share Add us on Google by Estefano Gomez Jul.
- ▪Brent crude futures have surged to approximately $78.96, up from a previous close of $76.01, while WTI crude trades near $74.58.
- ▪This volatility reflects a renewed Middle East risk premium, overshadowing other factors like increased OPEC+ production targets and rising U.S. inventories.
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https://en.wikipedia.org/wiki/Strait_of_Hormuz US-Iran tensions spike oil prices as Strait of Hormuz supply fears grow 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); Recent U.S.-Iran missile strikes have reignited geopolitical tensions, impacting crude oil markets as concerns over supply disruptions through the Strait of Hormuz escalate.
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