Oil prices rise as U.S. and Iran fight for control of Strait of Hormuz

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Source: CNBC
Published: 2026-07-13 08:07 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Trade & Sanctions, World News, US Politics, Business & Economy
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Snippet:
Oil prices rose Sunday evening after the U.S. and Iran traded strikes as they contest control of the Strait of Hormuz, one of the most important trade routes for global energy supplies.
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