Oil prices jump as US and Iran trade attacks over Strait of Hormuz
Advertisement “The consequences arising from transit through unauthorized routes shall be the responsibility of the owner, operator, and vessel commander,” the authority said.
- ▪Advertisement “The consequences arising from transit through unauthorized routes shall be the responsibility of the owner, operator, and vessel commander,” the authority said.
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Economy|US-Israel war on IranOil prices jump as US and Iran trade attacks over Strait of HormuzBrent crude climbs more than 4 percent as Washington and Tehran clash over control of critical waterway.ListenListen (4 mins)SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on GoogleinfoVessels in the Strait of Hormuz, as seen from Musandam, Oman, on July 9, 2026 [Reuters]By John PowerPublished On 13 Jul 202613 Jul 2026Oil prices have jumped amid the latest outbreak of hostilities between the United States and Iran over the Strait of Hormuz.Brent crude, the main international benchmark, rose more than 4 percent on Monday as Washington and Tehran traded attacks amid their escalating standoff over control of the critical…
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