Oil prices jump to 6-week high after U.S. strikes Iran
By The BriefBrief
Oil prices settled on Tuesday at their highest levels in nearly six weeks after the U.S. military said it struck Iranian targets in the Strait of Hormuz. The action followed Tehran’s overnight attacks on ships transiting the waterway.
WHO:U.S. military
WHAT:Oil prices rose to a 6-week high after the U.S. said it struck Iranian targets in the Strait of Hormuz.
WHEN:Sep 1, 2026
WHERE:Strait of Hormuz
WHY:The U.S. strike followed Tehran’s overnight attacks on ships transiting the Strait of Hormuz.
