The Chonkerton

Oil hits 1-month high as US-Iran fighting clouds Strait of Hormuz outlook

business

Oil has surged to eighty-five dollars a barrel, its highest level in a month, amid renewed hostilities between the United States and Iran. Al Jazeera English reports the tension clouds the outlook for the Strait of Hormuz, a critical chokepoint for global crude supplies.

Source: https://www.aljazeera.com/economy/2026/7/14/oil-hits-1-mo...

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton