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Oil Rallies as Conflict Over Hormuz Escalates With Fresh Strikes
Key Points
Jul 13th, 2026 Oil Rallies as Conflict Over Hormuz Escalates With Fresh Strikes Oil gained after the US carried out another wave of strikes against Iran, with the two sides disputing whether the Strait of Hormuz was open. Ed Morse, Senior Advisor and Commodity Strategist at Hartree Partners, discusses what's next for energy markets amid uncertainty in the Strait of Hormuz.
Jul 13th, 2026
Oil Rallies as Conflict Over Hormuz Escalates With Fresh Strikes
Oil gained after the US carried out another wave of strikes against Iran, with the two sides disputing whether the Strait of Hormuz was open. Ed Morse, Senior Advisor and Commodity Strategist at Hartree Partners, discusses what's next for energy markets amid uncertainty in the Strait of Hormuz.
[Image text:] OIL JUMPS AS CONFLICT OVER HORMUZ
ESCALATESWITH FRESHSTRIKES
ICE BRENT CRUDE OIL
78.44
A2.43