Oil climbs to one-month high as US, Iran step up attacks in Strait of Hormuz

🌐 Channel NewsAsia (Singapore) — 2026-07-14

Oil prices have risen to a one-month high amid escalating attacks in the Strait of Hormuz involving the US and Iran, impacting energy markets and regional tensions.

World Conflict Politics Markets Commodities Energy oil prices Strait of Hormuz US-Iran tensions energy market commodities Middle East

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Oil climbs to one-month high as US, Iran step up attacks in Strait of Hormuz

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