Oil Prices Surge Amid US Strikes on Iran and Strait of Hormuz Shipping Incident
Oil prices rose sharply on July 20, 2026, following US military actions against Iran and a fire aboard a vessel in the strategic Strait of Hormuz.
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Oil prices rose sharply on July 20, 2026, following US military actions against Iran and a fire aboard a vessel in the strategic Strait of Hormuz.
Showing 1-24 of 329 articles.
world
Oil prices climbed to one-month highs as tensions escalated between the US and Iran, with a US naval blockade reinstated and retaliatory strikes launched by Iran.
CNA Latest News | Jul 15, 2026, 2:13 AM
world
Iranian-aligned Houthis strike two Saudi oil tankers amid a naval blockade, escalating tensions alongside US military strikes on Iran.
CNA Latest News | Jul 23, 2026, 5:48 AM
world
Ongoing US strikes on Iran continue to overshadow diplomatic efforts in Pakistan to revive a failed interim ceasefire, as tensions escalate over control of the Strait of Hormuz.
Africanews | Jul 22, 2026, 9:25 AM
world
Luxury car sales from international brands in China dropped sharply as domestic electric vehicle makers gain market share, signaling a shift in consumer preferences.
South China Morning Post World | Jul 22, 2026, 4:45 AM
politics
As military conflict with Iran intensifies and oil prices surge, GOP lawmakers call on President Trump to act swiftly to reopen the strategic Strait of Hormuz.
The Hill | Jul 21, 2026, 11:16 AM
world
Renewed US attacks on Iran have closed the Strait of Hormuz, pushing oil prices higher. With US reserves depleted, China declines to deploy its strategic petroleum reserves to stabilize the market.
South China Morning Post World | Jul 21, 2026, 12:43 AMworld
The unraveling of the June 17 Islamabad memorandum of understanding has led to intensified hostilities between the US and Iran, closure of the Strait of Hormuz, and regional economic and political repercussions.
Al Jazeera | Jul 20, 2026, 2:31 PMpolitics
Two American service members were killed and a third is missing after an Iranian strike on a US base in Jordan, prompting US airstrikes on Iran and comments from President Trump and Defense Secretary Pete Hegseth.
The Hill | Jul 19, 2026, 9:55 AMbusiness
China's ability to adjust its oil imports has mitigated the impact of supply disruptions caused by tensions in the Strait of Hormuz, preventing a sharp spike in crude oil prices.
Nikkei Asia | Jul 19, 2026, 5:28 AMworld
Iran blames the United States for targeting bridges, a train station, and an airport in recent airstrikes following the collapse of peace talks.
Africanews | Jul 18, 2026, 7:22 AMworld
As Iran and the United States continue to exchange fire over the strategic Strait of Hormuz, multiple surveillance methods are employed to track activity in the region.
Africanews | Jul 16, 2026, 5:30 PMworld
Global equities climbed after a surprising drop in US inflation readings and strong corporate earnings, despite escalating US-Iran hostilities.
CNA Latest News | Jul 15, 2026, 4:39 PMworld
The United States conducted a seven-hour military operation targeting Iranian sites near the Strait of Hormuz amid renewed naval blockades and rising oil prices, while Iran claimed retaliatory strikes on US facilities.
Al Jazeera | Jul 15, 2026, 8:09 AMworld
Weak domestic demand and rising oil prices linked to the Iran war overshadow strong export gains in China’s second quarter.
BBC World | Jul 15, 2026, 5:33 AMworld
Tensions escalate as President Trump briefly demands tolls on Strait of Hormuz shipping before retreating, amid ongoing conflict and military strikes.
BBC World | Jul 14, 2026, 7:56 PM
world
Iran-backed Houthi rebels targeted Saudi oil tankers in the Red Sea as the Iranian Revolutionary Guards halted tankers at the Strait of Hormuz, with the US increasing military and financial commitments in the region.
France 24 English | Jul 23, 2026, 5:41 AM
world
Yemen's Houthis say they targeted two Saudi oil tankers in the Red Sea, coinciding with the US's 12th consecutive night of strikes on Iran.
BBC World | Jul 23, 2026, 5:35 AM
us
At a July 22 rally in Marietta, Georgia, Donald Trump rejected the political use of 'affordability' yet highlighted his administration’s economic benefits and introduced new ‘Trump accounts’ for children’s savings.
Guardian US | Jul 23, 2026, 3:32 AM
world
Yemen's Houthis claim missile strikes on Saudi oil tankers in the Red Sea following a naval blockade announcement, while the US continues military actions targeting Iran.
Deutsche Welle | Jul 23, 2026, 12:08 AM
world
US President Donald Trump warned of targeting Iranian civilian infrastructure in response to attacks on shipping in the Strait of Hormuz, escalating regional hostilities with no diplomatic resolution in sight.
France 24 English | Jul 22, 2026, 11:21 PM
general
Diesel prices surged from $3.56 to $5.13 per gallon following the Iran conflict, impacting transportation costs across multiple sectors and threatening to increase prices for everyday essentials in the U.S.
Fox News Latest | Jul 22, 2026, 9:25 PM
general
Diesel prices surged from $3.56 to $5.13 per gallon following the Iran conflict, increasing transportation costs that ripple through the U.S. economy and impact everyday essentials.
Fox News Latest | Jul 22, 2026, 8:31 PM
politics
President Donald Trump paid respects at the transfer of remains of four U.S. service members killed amid renewed hostilities with Iran following the collapse of a ceasefire.
NBC Politics | Jul 22, 2026, 7:51 PMShowing 1-24 of 329 articles.