Oil climbs on Iran attack reports near Strait of Hormuz

TL;DR Summary
Oil prices rose after reports of an Iranian attack on ships in the Strait of Hormuz, underscoring ongoing tensions as the US and Iran negotiate a peace path. Brent traded around $72.49 per barrel and WTI about $68.94, with Axios citing unnamed U.S. officials and UKMTO reporting an incident near Oman; no casualties were reported and the reports were not independently verified.
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- Tanker struck in Strait of Hormuz as Iran mourns Khamenei The Hill
- Iran’s Strikes on Ships in Strait of Hormuz Test Cease-Fire and Threaten Oil Flow The New York Times
- Ships attacked in the Strait of Hormuz: What that means for ongoing talks Al Jazeera
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