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Oil Jumps as US Conducts Wave of Strikes Against Iran

Oil Jumps as US Conducts Wave of Strikes Against Iran
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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. [Image text:] KALS3Z00 56.0 56.0/58.0 Prev56.0 H160.0 10.56.0 Suggested Charts Actions9 Enable Save Tabl Hormuz Disruption Seen Continuing Prediction market odds of traffic normalizing .Zoon V Hormuz Average>60 by Jan 202756.0 by 0ctober 2026 24.0 Apr 15 Apr 30 May 15 Source:Bloomberg,K> BRENT CRUDE Bloomberg 78.88 The Opening Trade May 31 2026 Jun 15 A2.87 G#BTV11565ormuz2027 80 70 60 56.0 -50 Jun 30 30 24.0 20 3.76%
Oil Jumps (PERSON) US (LOCATION) Iran Jul 13th (EVENT) Iran (LOCATION) Brent (PERSON) the Strait of Hormuz (LOCATION) Bloomberg (ORG) Stephen Stapczynski (PERSON)
Originally published by Bloomberg Markets Read original →