US-Iran Military Clashes Resume in Strait of Hormuz, Oil Prices Surge

에너지/원자재 | Mon Jul 13 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 12 sources

Renewed mutual strikes between the US and Iran sparked controversy over the closure of the Strait of Hormuz, driving oil prices higher and pushing stock futures lower.

Analysis

[US Central Command] resumed missile strikes on Iranian targets ^[5]^[12]

Strikes began at 5 PM Eastern Time
Cited protection of civilian vessels in the Strait of Hormuz
Response to Iran's attack on a container ship

[Iran] declared closure of the Strait of Hormuz and launched missile and drone attacks in the Gulf region ^[1]^[4]^[9]

Tehran officially announced closure of the Strait of Hormuz
Launched missiles and drones targeting Gulf neighbors
US countered that the strait remains open

[International Oil Prices] surged as US-Iran conflict escalated ^[2]^[3]^[10]

Crude prices rose on renewed weekend attacks
Concerns over disruptions to crude shipments through the Strait of Hormuz
Widening geopolitical risk premium

[US Stock Futures] declined across major indices on geopolitical risk ^[1]^[3]

Dow futures fell about 100 points
or 0.2%
S&P 500 and Nasdaq 100 futures also weakened
Bitcoin fell about 1%
dropping below $64
000

[Bloomberg Intelligence] assessed oil market resilience regarding Hormuz ^[7]

Expanded Western Hemisphere crude supply absorbs shock
Alternative export routes limit long-term impact
Market trusts US assurances of an open strait

[US-Iran Diplomatic Negotiations] faced collapse of ceasefire and talks amid renewed strikes ^[6]^[8]^[11]

Fragile ceasefire is being shaken
Gulf allies pressing for resumption of negotiations
Technical dialogue continues but progress is difficult

US-Iran Military Clashes Resume in Strait of Hormuz, Oil Prices Surge

Analysis

Sources