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Iran , Thursday 16 July 2026

Oil hits one-month high as US-Iran attacks deepen supply disruption

Published on: Tuesday 14 July 2026

Oil hits one-month high as US-Iran attacks deepen supply disruption By Scott DiSavino July 14 (Reuters) - Oil prices edged up to a one-month high on Tuesday after the U.S. reimposed a naval blockade on Iran, and as renewed attacks between Washington and Tehran heightened concerns over energy flows through the Strait of Hormuz. Before the Iran war about 20% of global oil supplies flowed through the strait. Limiting price gains were concerns that higher energy


News source: https://www.msn.com/en-us/money/markets/oil-hits-one-month-high-as-us-iran-attacks-deepen-supply-disruption/ar-AA27UJtw

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