Oil Prices Rise Amid Renewed US-Iran Strikes in Middle East

Oil prices climbed on Monday as renewed U.S.-Iran strikes in the Strait of Hormuz raised concerns over energy shipping disruptions. Despite a recent interim peace deal, tensions have slowed crude shipments through this key global oil chokepoint.

By By Florence Tan Mon, June 29, 2026 at 2:34 AM GMT+3 2 min read · Yahoo Finance · June 28, 2026, 23:34 UTC

Oil Prices Rise Amid Renewed US-Iran Strikes in Middle East

Topics: Middle_East_conflict oil_prices Strait_of_Hormuz

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