Iran closes the Strait of Hormuz, causing oil prices to surge. WTI reaching $110 in July 2026 at 1.7% YES.

Oil prices saw a slight dip Friday but are set for weekly gains. US and Iran exchanged strikes, escalating regional tensions and impacting supply routes. Concerns over rising…

Iran attacked vessels in the Strait of Hormuz, causing oil prices to rise. WTI reaching $110 in July 2026 at 1.2% YES.