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Oil Rallies as Conflict Over Hormuz Escalates With Fresh Strikes

Oil Rallies as Conflict Over Hormuz Escalates With Fresh Strikes
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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
US (LOCATION) Iran (LOCATION) the Strait of Hormuz (LOCATION) Ed Morse (PERSON) Hartree Partners (ORG)
Originally published by Bloomberg Markets Read original →