Events Archive
strikeJul 17, 2026
Oil rises on renewed US-Iran hostilities and threat of Red Sea closure
Summary
LONDON, July 17 : Oil prices rose by about 2 per cent on Friday after the U.S. and Iran stepped up attacks across the Gulf, with shipping threatened by a potential Red Sea closure on top of the restricted traffic through the Strait of Hormuz.
Actors involved
USIranProxy
Sources
- CNABy CNA
LONDON, July 17 : Oil prices rose by about 2 per cent on Friday after the U.S. and Iran stepped up attacks across the Gulf, with shipping threatened by a potential Red Sea closure on top of the restricted traffic through the Strait of Hormuz. Brent crude futures rose by $1.53, or…
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