Oil jumps as U.S. strikes on Iran after Tehran targeted commercial ships risk fragile Mideast truce
- Posted on July 8, 2026
- By CNBC
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- 1 min read
Oil jumps as U.S. strikes on Iran after Tehran targeted commercial ships risk fragile Mideast truce
Oil prices rose on Wednesday after the U.S. launched fresh strikes on Iran in retaliation for attacks on commercial vessels in the Strait of Hormuz.