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Oil Prices Jump After US Strikes in Iran Amid Strait of Hormuz Concerns

Oil prices surged by over 2% following new US strikes on targets in Iran, raising fresh concerns about the security of the Strait of Hormuz. The escalation has led to increased volatility in global crude markets.

11 Jun, 01:59 — 11 Jun, 01:59
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Sources

Showing 1 of 5 sources
Times of IndiaMostly Factual16d ago

Crude on boil: Oil prices jump over 2% as Iran closes Strait of Hormuz to all vessels

Global crude benchmarks surged over 2% as Iran declared the Strait of Hormuz closed to all vessels following fresh US military strikes. Brent crude rose to $95.40 and WTI to $92.63 a barrel. Iran's IRGC warned any vessel attempting to transit the strait would be targeted amid escalating regional tensions.

By TOI BUSINESS DESK

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Coverage Timeline

First report: iefimerida · 10 Jun, 04:39Full coverage: 5 · 23hWindow: 23h
Left-leaningCenterRight-leaning
iefimerida10 Jun, 04:39First to report

Άλμα στις τιμές του πετρελαίου μετά τα αμερικανικά πλήγματα στο Ιράν -Νέες ανησυχίες για τα Στενά του Ορμούζ

10h later
helsingin-sanomat10 Jun, 15:00

Pääkirjoitus | Koron nosto on yhä todennäköisempää

11h later
Times of India11 Jun, 01:59

Crude on boil: Oil prices jump over 2% as Iran closes Strait of Hormuz to all vessels

1h later
tvn2411 Jun, 03:16

USA przeprowadziły kolejne ataki na cele w Iranie

delfi-lt11 Jun, 03:22Latest update

Irano karas. JAV sudavė naujus smūgius Iranui

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