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Event Brief

Oil prices rise after report of Iranian attack in Hormuz

Brent and U.S. crude futures rose after a report of an Iranian attack on commercial ships in the Strait of Hormuz.
WHO: Oil market traders
WHAT: Brent and U.S. crude futures rose following a report of an Iranian attack on commercial ships in the Strait of Hormuz.
WHEN: Jul 7, 2026 at 4:23 AM ET
WHERE: Strait of Hormuz
WHY: The reported Iranian attack on commercial ships in the Strait of Hormuz drove the market move.

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