Oil Advances Above $85 on Hormuz Tensions

▶ Bloomberg Markets Jul 14, 2026 Jul 14 👁 2 views

📋 Article Summary

81 words

Brent oil rose above $85 a barrel for the first time in a month, as US President Donald Trump reimposed a blockade on Iranian ships transiting the Strait of Hormuz and demanded payment for all other cargo. Bloomberg's Rong Wei Neo… Brent oil rose above $85 a barrel for the first time in a month, as US President Donald Trump reimposed a blockade on Iranian ships transiting the Strait of Hormuz and demanded payment for all other cargo. Bloomberg's Rong Wei Neo…

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