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Oil prices are surging to a one-month high as the U.S. reinstates its Iran blockade

Brent crude rose above $87 a barrel on Tuesday as fresh U.S.-Iran strikes and tanker attacks stoked fears over Hormuz supply flows

Oil prices are surging to a one-month high as the U.S. reinstates its Iran blockade

Published July 14, 2026 · Category: Markets

Overview

Brent crude rose above $87 a barrel on Tuesday as fresh U.S.-Iran strikes and tanker attacks stoked fears over Hormuz supply flows

Source

Originally published at qz.com.

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