Oil Prices Jump as U.S. Strikes Iran

Hyperdash News07/07/2026 22:14 UTCGeopolitics

Oil prices climbed after the United States conducted strikes on targets in Iran. US crude futures rose above $72.65 per barrel. WTI oil jumped 2.9% to $72.46 per barrel at the market open.

The strikes followed recent attacks on shipping in the Strait of Hormuz. This action has increased geopolitical tensions and raised concerns about oil supply. The early reaction on Hyperdash:

WTI Crude up +0.04%,

Brent Crude up +0.05%.

Sources

First Squawk

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