Event Brief

UPDATED Jul 24, 2026 at 11:04 AM ET

Jul 12, 2026 at 8:00 PM ET

Oil and gas prices rise as U.S. and Iran escalate attacks

By The BriefBrief

Oil prices jumped and gas prices returned near $4 a gallon as attacks by the U.S. and Iran escalated.

WHO: Oil and gas markets

WHAT: Oil prices spiked and gas prices rose to near $4 a gallon amid reduced traffic through the Strait of Hormuz.

WHEN: Jul 17, 2026 at 7:03 PM ET

WHERE: Strait of Hormuz

WHY: Reduced traffic through the Strait of Hormuz as the U.S. and Iran launched new rounds of attacks.

How this story developed (showing 43 of 43 earlier reports)

Trump tariffs could raise prices as Iran fighting lifts oil · Jul 24, 2026 at 11:04 AM ET
Oil falls below $100 as Trump weighs ‘massive attack’ · Jul 24, 2026 at 7:00 AM ET
Equities tumble after oil tops $100 amid U.S.-Iran war · Jul 24, 2026 at 6:00 AM ET
Brent crude tops $100 as Iran conflict drags on · Jul 24, 2026 at 4:00 AM ET
Oil prices surge above $100 as Trump weighs Iran offensive · Jul 24, 2026 at 1:00 AM ET
Oil hits $100 as Trump weighs ‘massive attack’ · Jul 24, 2026 at 12:00 AM ET
Oil tops $100 as Trump warns of possible Iran attack · Jul 23, 2026 at 6:00 PM ET
Brent crude tops $100 for first time since May · Jul 23, 2026 at 1:00 PM ET
Oil prices rise after tanker strike; Trump escalates Iran threats · Jul 22, 2026 at 10:05 PM ET
Oil prices settle at 6-week high above $95 · Jul 22, 2026 at 5:04 PM ET
Oil jumps past $95 as U.S. downplays Iran talks · Jul 22, 2026 at 4:00 PM ET
Iran war energy shock lifts U.S. gas and diesel prices · Jul 22, 2026 at 4:00 PM ET
Oil prices rise to six-week high on Iran de-escalation hopes · Jul 22, 2026 at 9:00 AM ET
Oil rises past $95 after Trump Iran escalation threat · Jul 22, 2026 at 6:00 AM ET
Oil prices jump 4% after Rubio says Iran not serious · Jul 22, 2026 at 5:00 AM ET
Brent oil rises 2% above $92 as Rubio says Iran not serious · Jul 22, 2026 at 4:00 AM ET
Oil prices rise after Trump says Iran will pay · Jul 20, 2026 at 6:00 PM ET
US petrol prices rise to $4 a gallon · Jul 20, 2026 at 2:00 PM ET
US petrol prices rise above $4 as Iran war intensifies · Jul 20, 2026 at 1:00 PM ET
Average U.S. gas price hits $4 as Iran war intensifies · Jul 20, 2026 at 11:04 AM ET
Oil touches $90 after Iran hits tankers · Jul 20, 2026 at 9:00 AM ET
Oil prices rise as Middle East fighting escalates · Jul 20, 2026 at 6:03 AM ET
Brent crude tops $90 as Iran vows no oil via Hormuz · Jul 20, 2026 at 4:00 AM ET
Brent tops $90 as U.S. strikes on Iran continue · Jul 19, 2026 at 10:00 PM ET
Gas prices rise as Iran conflict flares · Jul 19, 2026 at 9:00 PM ET
Oil prices rise as Persian Gulf shipping nears halt · Jul 17, 2026 at 10:03 PM ET
Oil rises after U.S. strikes and Iran port blockade · Jul 15, 2026 at 1:00 AM ET
U.S.-Iran tensions could end U.S. gas price break · Jul 14, 2026 at 9:00 PM ET
Brent rises to $87 as Strait of Hormuz battle alarms · Jul 14, 2026 at 4:00 PM ET
Oil prices set for back-to-back rise on Hormuz narrative · Jul 14, 2026 at 3:00 PM ET
Oil hits $87 as Strait of Hormuz fears lift prices · Jul 14, 2026 at 8:00 AM ET
Oil rises after Trump plans Hormuz shipping fees · Jul 14, 2026 at 3:00 AM ET
U.S. gas prices rise for first time since May · Jul 14, 2026 at 2:00 AM ET
Oil prices rise to 1-month high on Hormuz outlook · Jul 14, 2026 at 1:04 AM ET
Oil surges after Strait of Hormuz closure · Jul 14, 2026 at 1:00 AM ET
Oil surges past $80 on Trump Hormuz fee threat · Jul 13, 2026 at 7:00 PM ET
Trump says US will hit Iran “hard” this week · Jul 13, 2026 at 5:00 PM ET
Oil prices top $80 after Hormuz blockade reimposed · Jul 13, 2026 at 1:00 PM ET
Oil prices rise as U.S.-Iran dispute over Hormuz intensifies · Jul 13, 2026 at 12:00 PM ET
Oil prices jump up to 5% after Iran closes Hormuz · Jul 13, 2026 at 9:03 AM ET
Oil prices surge amid Iran and U.S. trade strikes · Jul 13, 2026 at 3:00 AM ET
Oil prices jump on US-Iran attacks over Strait of Hormuz · Jul 13, 2026 at 1:00 AM ET
Oil prices jump after US and Iran strikes · Jul 12, 2026 at 8:00 PM ET

Reporting from 23 identified publishers across this event arc.

View all 23 publishers

Publishers represented across this event arc

19FortyFive —
2 articles
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ABC Australia —
3 articles
ABC News —
2 articles
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Al Jazeera —
3 articles
BBC News —
2 articles
- View article 1
- View article 2
CBS News —
5 articles
CNBC Top News —
7 articles
Euronews —
3 articles
Financial Times —
11 articles
France 24 —
2 articles
- View article 1
- View article 2
Global News Canada — View reporting
Jerusalem Post — View reporting
MarketWatch —
7 articles
Middle East Eye —
2 articles
- View article 1
- View article 2
NBC News —
4 articles
New York Times —
7 articles
PBS NewsHour —
2 articles
- View article 1
- View article 2
South China Morning Post — View reporting
Stars and Stripes (via Google News) — View reporting
The Hindu —
3 articles
The Independent —
4 articles
UPI —
2 articles
- View article 1
- View article 2
Washington Post — View reporting

These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.

How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.

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The BriefBrief — updated continuously, every category, every day.

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