Oil Surges and Gold Falls as US-Iran Conflict Reignites

에너지/원자재 | Thu Jul 09 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 12 sources

After the ceasefire collapsed, the US launched renewed strikes on Iran, pushing oil to a two-week high and escalating tensions in the Strait of Hormuz.

Analysis

[WTI Crude] surged to two-week high after renewed US strikes on Iran ^[2]^[5]^[11]

Rose to $74.55 per barrel in after-hours trading
Recorded largest daily gain in two months
Diesel prices also spiked

[Strait of Hormuz] entered "full-conflict conditions" disrupting energy markets ^[3]^[7]^[8]

Middle East crude supply risks resurfaced
Trump warned of "much worse" response if Iran attacks ships
Tehran continues to resist control of the strait

[Gold Futures] closed lower despite growing inflation concerns ^[4]^[12]

Oil surged over 5%
intensifying inflation pressure
Selling pressure dominated despite safe-haven status
Iran struck US military facilities in Bahrain

[Airlines and Homebuilders] emerged as secondary victims of Iran risk ^[1]

Wall Street forecasts damage to airlines and homebuilders
Damage expected to exceed benefits to oil companies
Ripple effects of oil price surge spreading

[GrainCorp] called for national biofuel mandate in Australia ^[6]

Response to energy security concerns from Iran war
Aimed at mitigating shock to Australian economy
Advocates expanding domestic biofuel production

[Shell and Alvopetro Energy] highlighted individual energy stock developments ^[9]^[10]

Shell shares rose on Tuesday
Alvopetro announced June sales volumes
Alvopetro disclosed progress on Brazil drilling program

Oil Surges and Gold Falls as US-Iran Conflict Reignites

Analysis

Sources