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EconomyOil prices rise for fourth day as US strikes on Iran stoke wider-conflict fears

Oil prices climbed for a fourth consecutive day on Thursday after the United States launched a new wave of strikes against Iranian military installations. The attacks heightened fears that full-scale conflict could resume. Markets are also concerned about possible supply disruptions through the Strait of Hormuz. Those risks helped drive crude prices higher as investors assessed the threat of a broader confrontation.

oil pricesUnited StatesIranStrait of Hormuz

RReuters★★★★☆2026-07-16 01:40Original

Oil prices rise for fourth day as US strikes on Iran stoke wider-conflict fears
Oil prices rise for fourth day as US strikes on Iran stoke wider-conflict fearsEconomy