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Markets13m ago
Oil prices jumped nearly 5% and Asian stock markets fell following strikes between the US and Iran.
Strait of Hormuz
Who
US, Iran
What
Oil prices jumped nearly 5% and Asian stock markets fell following strikes between the US and Iran.
When
Mon, 13 Jul 2026 07:18:09 GMT · 13m ago
Where
Strait of Hormuz ·
Why
Strikes between the US and Iran occurred over the Strait of Hormuz.
The Frontline Impact
How this affects you
Brent crude prices increased by nearly 5%. Asian stock markets experienced a decline, with chip manufacturers like SK Hynix being significantly affected.
Story chain
2 events in this thread- Currently Reading13m agoOil prices jumped nearly 5% and Asian stock markets fell following strikes between the US and Iran.
- Markets2h 7m agoCrude oil prices rebound after US-Iran deal.Open article
Verified Sources & Citations
- HIGHCNBC TV18https://www.cnbctv18.com/business/1111-crude-oil-amid-us-iran-escalation-goldman-sachs-on-nifty-elections-in-israel-monsoon-and-more-19943695.htm
- HIGHThe Guardianhttps://www.theguardian.com/business/2026/jul/13/oil-prices-leap-stocks-fall-us-iran-strait-of-hormuz-brent-crude-markets
Credibility ratings reflect the AI ingestion pipeline's assessment of source provenance.