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International crude oil futures prices surged again on the 14th due to the heightened military confrontation between the US and Iran, and news such as the US side's claim that it will resume its maritime blockade against Iran and charges for goods transported through the Strait of Hormuz heightened market concerns about the shortage of crude oil supply. On the same day, the price of light crude oil futures on the New York Mercantile Exchange rose 3.9% to more than $81 per barrel; the price of London Brent crude oil futures once rose more than 5% intraday to over $87 per barrel. The US military announced on the 13th that it will launch a “third consecutive night” attack on Iran and will resume the naval blockade against Iran on the 14th EST. Iran, on the other hand, said that the United States is directly responsible for the recent escalation of the situation in the Strait of Hormuz and carried out retaliatory attacks on US military bases located in the Middle East region.

Zhitongcaijing·07/14/2026 13:41:26
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International crude oil futures prices surged again on the 14th due to the heightened military confrontation between the US and Iran, and news such as the US side's claim that it will resume its maritime blockade against Iran and charges for goods transported through the Strait of Hormuz heightened market concerns about the shortage of crude oil supply. On the same day, the price of light crude oil futures on the New York Mercantile Exchange rose 3.9% to more than $81 per barrel; the price of London Brent crude oil futures once rose more than 5% intraday to over $87 per barrel. The US military announced on the 13th that it will launch a “third consecutive night” attack on Iran and will resume the naval blockade against Iran on the 14th EST. Iran, on the other hand, said that the United States is directly responsible for the recent escalation of the situation in the Strait of Hormuz and carried out retaliatory attacks on US military bases located in the Middle East region.