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U.S. strikes on Iran

US-Iran escalation fuels oil price surge

July 9, 2026 by Attia Naveed

Oil prices climbed more than one percent on Thursday after fresh U.S. military strikes on Iran renewed concerns over the Middle East conflict. The escalation weakened hopes for a lasting ceasefire and raised fears of disruptions in the Strait of Hormuz. Energy markets, global shipping, and oil-importing countries are expected to feel the impact. Brent […]

Filed Under: Business, World Tagged With: Brent crude, Latest, Middle East conflict, oil prices, Strait of Hormuz, U.S. strikes on Iran, WTI crude

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