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War & Conflict1h 38m ago

Oil prices surged again in early Asian trade on Thursday after Iran declared the Strait of Hormuz closed following a fresh round of U.S. strikes on the country.

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Strait of Hormuz, Gulf of Oman, Iran, Bahrain

Who
Iran, U.S. Central Command, Defense Secretary Pete Hegseth, Iran's Revolutionary Guards Navy, Bahrain’s Ministry of Interior, Iranian state media
What
Oil prices surged again in early Asian trade on Thursday after Iran declared the Strait of Hormuz closed following a fresh round of U.S. strikes on the country.
When
Thu, 11 Jun 2026 02:01:00 GMT · 1h 38m ago
Where
Strait of Hormuz, Gulf of Oman, Iran, Bahrain ·
Why
The latest escalation started with the downing of a U.S. Apache helicopter near the Strait of Hormuz on Tuesday, with the U.S. responding by hitting targets in Iran.
The Frontline Impact

How this affects you

The closure of the Strait of Hormuz, a critical maritime chokepoint for global oil transit, poses a significant threat to global energy supplies and could lead to sustained higher oil prices, impacting economies worldwide. The escalating conflict between the US and Iran also raises the risk of broader regional instability.

Story chain

8 events in this thread
  1. War & Conflict18m ago
    Iran claimed it struck 18 US military targets in two waves of operations, including the Sheikh Isa Air Base, while the US Central Command stated it conducted self-defense precision strikes targeting Iranian military surveillance capabilities, communication systems, and air defense sites.
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  2. War & Conflict1h 19m ago
    The US and Iran continue to exchange strikes amid recent escalation in the conflict in the Middle East.
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  3. War & Conflict1h 32m ago
    The United States launched a fresh wave of military strikes against Iran on Wednesday, triggering explosions across multiple locations in the country's south.
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  4. War & Conflict1h 34m ago
    Iran declared the Strait of Hormuz closed to all vessels and struck American military sites in Bahrain and Kuwait for the second consecutive day.
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  5. Currently Reading1h 38m ago
    Oil prices surged again in early Asian trade on Thursday after Iran declared the Strait of Hormuz closed following a fresh round of U.S. strikes on the country.
  6. War & Conflict1h 58m ago
    U.S. forces launched targeted strikes in Iran in response to perceived aggression, and the Iranian military responded with counter-attacks on U.S. bases in Kuwait and Bahrain.
    Open article
  7. War & Conflict2h 26m ago
    Oil prices climbed more than $2 a barrel on Thursday after Iran declared the Strait of Hormuz closed following new U.S. strikes against Iran.
    Open article
  8. War & Conflict2h 53m ago
    Iran's Mehr news agency reported that the country's top joint military command had ordered the complete closure of the Strait of Hormuz to all maritime traffic.
    Open article

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