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War & Conflict3h 17m ago
Crude oil futures rallied nearly 6 percent, pushing prices to ₹7,198 per barrel.
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Strait of Hormuz
Who
US, Iran
What
Crude oil futures rallied nearly 6 percent, pushing prices to ₹7,198 per barrel.
When
Mon, 13 Jul 2026 07:06:16 GMT · 3h 17m ago
Where
Strait of Hormuz ·
Why
The latest US-Iran conflict raised fears of supply disruptions through the Strait of Hormuz and concerns over tighter oil supplies.
The Frontline Impact
How this affects you
Crude oil prices surged, impacting global benchmarks and reflecting fears of potential supply disruptions in a key shipping route.
Story chain
2 events in this thread- Currently Reading3h 17m agoCrude oil futures rallied nearly 6 percent, pushing prices to ₹7,198 per barrel.
- War & Conflict4h 42m agoCrude oil output and exports are recovering after the Strait of Hormuz reopened, but renewed conflict poses a fresh risk.Open article
Verified Sources & Citations
- HIGHThePrinthttps://theprint.in/economy/us-iran-fresh-conflict-reignites-oil-market-fears-as-iea-sees-fragile-demand-rebound/2984834/
- HIGHFree Press Journalhttps://www.freepressjournal.in/business/crude-oil-futures-surge-nearly-6-on-mcx-us-iran-conflict-pushes-prices-to-7198-per-barrel-amid-supply-fears