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Oil prices jump on US-Iran attacks over Strait of Hormuz

Filed: Jul 13, 2026 at 1:00 AM ET
Summary: Brent crude rises more than 4% as the US and Iran clash over control of the Strait of Hormuz.
WHO: Brent crude market
WHAT: Brent crude climbs more than 4% amid US-Iran clashes over the Strait of Hormuz.
WHEN: Jul 12, 2026 at 10:58 PM ET
WHERE: Strait of Hormuz
WHY: The US and Iran clash over control of the Strait of Hormuz.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
📋 This story has 43 earlier reports
🔍 46 sources analyzed

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