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Oil Markets at Risk as US-Iran Tensions EscalateEnergy Sector

Oil Markets at Risk as US-Iran Tensions Escalate

On the ninth consecutive night of strikes, the US targets Iranian military and security assets as Iran and the IRGC retaliate with attacks on US bases and threats around the Strait of Hormuz, where damaged tankers and heightened tensions have disrupted shipping. The crisis drives Brent crude above $90 a barrel and elevates fears of a broader conflict, with ongoing casualties among US personnel and renewed warnings that oil transit through Hormuz could be jeopardized.

👤Donald Trump
Jul 25, 2026