Oil Prices Surge Amid Renewed US-Iran Hostilities and Strikes on Energy Targets
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.
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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.
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The US has launched its third consecutive night of strikes on Iran following Donald Trump's announcement to reinstate a maritime blockade and impose tariffs on shipping through the Strait of Hormuz.
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President Donald Trump announced a naval blockade on Iranian ports and new charges on commercial ships crossing the Strait of Hormuz, unraveling a recent peace agreement and escalating tensions.
ABC Top Stories | Jul 14, 2026, 3:09 AM
general
President Donald Trump announced a naval blockade on Iranian ports and new charges on commercial ships crossing the Strait of Hormuz, unraveling a recent peace agreement and escalating tensions.
ABC Top Stories | Jul 14, 2026, 1:59 AM
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Iranian Foreign Ministry spokesperson Esmaeil Baghaei cites increased attacks and US pressure on Oman as key factors in the breakdown of talks focused on the Strait of Hormuz.
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world
A new wave of US strikes on Iran prompted retaliatory attacks by Iran’s IRGC targeting US-linked sites in the Gulf, escalating an already fragile ceasefire.
Al Jazeera | Jul 13, 2026, 10:03 AM
world
A new round of US air and naval strikes on Iran prompted retaliatory attacks by Iran’s IRGC on US-linked sites in the Gulf, escalating conflict and threatening a fragile ceasefire.
Al Jazeera | Jul 13, 2026, 9:52 AMShowing 529-552 of 719 articles.