US military strikes on Iran push crude oil prices up 4%
Photo by Jan Zakelj US military strikes on Iran push crude oil prices up 4% Crude oil all time high predictions Share Add us on Google by Estefano Gomez Jul. The strikes, reportedly in response to Iranian attacks on commercial vessels, have heightened fears of potential disruptions in the Strait of Hormuz, through which approximately 20% of global oil consumption passes. This development follows a period of relative calm after a June peace memorandum had briefly eased tensions.
- ▪Photo by Jan Zakelj US military strikes on Iran push crude oil prices up 4% Crude oil all time high predictions Share Add us on Google by Estefano Gomez Jul.
- ▪The strikes, reportedly in response to Iranian attacks on commercial vessels, have heightened fears of potential disruptions in the Strait of Hormuz, through which approximately 20% of global oil consumption passes.
- ▪This development follows a period of relative calm after a June peace memorandum had briefly eased tensions.
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Photo by Jan Zakelj US military strikes on Iran push crude oil prices up 4% Crude oil all time high predictions Share Add us on Google by Estefano Gomez Jul. 12, 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); Crude oil prices surged by 4% after the United States launched military strikes against Iran, targeting missile and drone sites.
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