World News
Oil Jumps as US Conducts Wave of Strikes Against Iran
Key Points
Jul 13th, 2026 Oil Jumps as US Conducts Wave of Strikes Against Iran Global benchmark Brent rose above $79 a barrel while West Texas Intermediate edged toward $75 after US forces completed another wave of strikes against Iran, with the two sides disputing whether the Strait of Hormuz was open. Bloomberg's Stephen Stapczynski reports.
Jul 13th, 2026
Oil Jumps as US Conducts Wave of Strikes Against Iran
Global benchmark Brent rose above $79 a barrel while West Texas Intermediate edged toward $75 after US forces completed another wave of strikes against Iran, with the two sides disputing whether the Strait of Hormuz was open. Bloomberg's Stephen Stapczynski reports.
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Hormuz Disruption Seen Continuing
Prediction market odds of traffic normalizing
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Hormuz Average>60 by Jan 202756.0
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Source:Bloomberg,K> BRENT CRUDE
Bloomberg
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