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EconomyOil hits one-month high as US-Iran fighting clouds Strait of Hormuz outlook

Brent crude is approaching $85 a barrel as renewed hostilities between Washington and Tehran cast fresh uncertainty over the outlook for the Strait of Hormuz. The fighting is clouding expectations for the strategic waterway and has pushed oil prices to their highest level in a month.

oil pricesStrait of HormuzUS-Iran conflict

AAl Jazeera★★★★☆2026-07-14 03:38Original

Oil hits one-month high as US-Iran fighting clouds Strait of Hormuz outlook
Oil hits one-month high as US-Iran fighting clouds Strait of Hormuz outlookEconomy