Crude oil futures traded higher on Friday morning following reports of Iranian attacks on US military infrastructure in West Asia.At 10.03 am on Friday, September Brent oil futures were at $76.72, up by 0.55 per cent, and August crude oil futures on WTI (West Texas Intermediate) were at $72.46, up by 0.53 per cent. July crude oil futures were trading at ₹6922 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹6854, up by 0.99 per cent, and August futures were trading at ₹6935 against the previous close of ₹6865, up by 1.02 per cent.A Reuters report said Iranian armed forces launched attacks on US military infrastructure in West Asia on Thursday following US strikes on Iran’s southern coastal and eastern provinces.Citing Iranian media, it also reported multiple explosions across southern Iran, including Bushehr, where one of the country’s nuclear plants is located, along with Konarak, Choghadak and Bandar Abbas. The report, which cited an unnamed American official, said there had been no US attacks in recent hours.In a recent statement, US Central Command had said that its forces completed an additional round of strikes against Iran on July 8, to further degrade Iran’s ability to attack commercial shipping and innocent civilian mariners in the Strait of Hormuz.US forces had struck approximately 90 Iranian military targets, including air defence systems, coastal surveillance assets, missile and drone storage sites, naval capabilities, and military logistics infrastructure along Iran’s coastline. These strikes followed successful execution of offensive strikes in Iran the night before.On July 7, US forces hit approximately 80 Iranian military targets, including more than 60 Islamic Revolutionary Guard Corps small boats, to impose heavy costs for Iran violating the ceasefire by attacking three commercial vessels navigating the Strait of Hormuz.July menthaoil futures were trading at ₹1310 on MCX during the initial hour of trading on Friday against the previous close of ₹1277.50, up by 2.54 per cent.On the National Commodities and Derivatives Exchange (NCDEX), July guargum contracts were trading at ₹12117 in the initial hour of trading on Friday against the previous close of ₹11994, up by 1.03 per cent.August turmeric (farmer polished) futures were trading at ₹18560 on NCDEX in the initial hour of trading on Friday against the previous close of ₹18390, up by 0.92 per cent.Published on July 10, 2026