Oil prices surge after US strikes on Iran escalate tensions. New all-time high for crude oil by September 30 at 5.3% YES.

US military strikes on Iran push crude oil prices up 4%. New all-time high by September 30 at 5.5% YES, by December 31 at 14.5% YES.

Oil prices surged as the US and Iran clashed over the Strait of Hormuz. WTI reaching $110 in July 2026 at 1.2% YES.

US-Iran strikes raise oil prices amid supply concerns. WTI reaching $110 in July 2026 at 1.2% YES.