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At close · Tue, Jul 14, 2026
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Home›Commodities›Energy›Oil prices rise after U.S. strikes Tehran and reinstat…

Oil prices rise after U.S. strikes Tehran and reinstates Iranian port blockade

The move brings the naval blockade back near the Strait of Hormuz, tightening shipping access in a key global chokepoint.

Reported · Written up by our desk · Energy

Oil prices rose Wednesday as the United States carried out strikes in Tehran and Washington reinstated a naval blockade of Iranian ports, according to CNBC Markets.

CNBC World said the blockade targets ports near the Strait of Hormuz, a major chokepoint for global oil flows.

The renewed maritime restriction and the escalation of military action helped support higher crude prices during the session.

Latest closeWTI crude $79.90 ▲2.2%

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Sources

CNBC MarketsOil rises as U.S. continues to strike Tehran, reinstates blockade of Iranian ports
CNBC WorldOil rises as U.S. continues to strike Tehran, reinstates blockade of Iranian ports

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