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Sun, Jul 12 • Nairobi

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Finance

Oil Jumps as US and Iran Trade Strikes, Dispute Hormuz Status

▶ Bloomberg Markets Jul 12, 2026 2h ago 👁 2 views

Oil Jumps as US and Iran Trade Strikes, Dispute Hormuz Status

📋 Article Summary

52 words

Oil jumped as the US and Iran exchanged fresh strikes, with the sides offering conflicting statements on whether the Strait of Hormuz remains open to shipping. Oil jumped as the US and Iran exchanged fresh strikes, with the sides offering conflicting statements on whether the Strait of Hormuz remains open to shipping.

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