{"id":2629479,"date":"2026-07-14T08:39:01","date_gmt":"2026-07-14T12:39:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/oil-prices-jump-after-latest-us-strikes-and-irans-attacks-on-gulf-neighbors\/"},"modified":"2026-07-14T08:41:11","modified_gmt":"2026-07-14T12:41:11","slug":"oil-prices-jump-after-latest-us-strikes-and-irans-attacks-on-gulf-neighbors","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/oil-prices-jump-after-latest-us-strikes-and-irans-attacks-on-gulf-neighbors\/","title":{"rendered":"Oil prices jump after latest US strikes and Iran&#8217;s attacks on Gulf neighbors"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Foil-prices-jump-after-latest-us-strikes-and-irans-attacks-on-gulf-neighbors%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2629479&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The price of oil has increased to its highest point in about a month due to recent escalations in conflict between Iran and the United States. Oil prices, specifically WTI Crude, rose to around $80 per barrel as hostilities intensified wiht exchanges of airstrikes in the Middle East, and the U.S. reinstated its blockade of the Strait of Hormuz following attacks on shipping in the area. Iran\u2019s attacks prompted retaliatory U.S. airstrikes targeting Iranian military sites, continuing for multiple nights and aiming to weaken Iran&#8217;s ability to threaten commercial shipping.Iran also launched missile and drone strikes at bahrain, which responded by thwarting several attacks, leading to sirens and alerts in Bahrain. The situation marks a significant escalation, effectively ending the previous ceasefire, though current levels of fighting are still below the peak seen earlier in the conflict. Both sides have continued military actions, including attacks on U.S.bases and regional ships, amid warnings of further escalation.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p class=\"wp-block-paragraph\">The <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/oil-prices\/\" type=\"post_tag\" id=\"10457\">price of oil<\/a> has hit its highest point in about a month after the latest escalation of attacks between <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/iran\/\" type=\"post_tag\" id=\"100\">Iran<\/a> and the United States on Monday, as the fragile ceasefire between the two nations crumbles.<\/p>\n<p class=\"wp-block-paragraph\">WTI Crude prices were back up to around $80 per barrel on Tuesday morning, climbing from as low as $68.58 per barrel in early July. The spike in prices comes as hostilities between Iran and the U.S. ramp up as the two countries exchange airstrikes in the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/middle-east\/\" type=\"post_tag\" id=\"102\">Middle East<\/a>, and the U.S. reinstates its blockade of the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/strait-of-hormuz\/\" type=\"post_tag\" id=\"21488\">Strait of Hormuz<\/a> following Iran\u2019s attacks on shipping in the waterway. President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" type=\"post_tag\" id=\"4\">Donald Trump<\/a> announced the U.S. would restart its blockade of the Strait of Hormuz again on Monday.<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4647107\/iran-attacks-two-tankers-hormuz-uae\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>One dead after Iran attacks two tankers in Strait of Hormuz, UAE says<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4645643\/uk-designates-iran-revolutionary-guard-terrorist-group-attacks-jewish-centers\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>UK designates IRGC terrorist group after accusing Iran proxy group of attacks on Jewish centers<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4645535\/many-dead-bangkok-after-fire-at-bar-officials\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>At least 27 dead in Bangkok after fire breaks out at bar: Officials<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<div style=\"position: relative; width: 100%; height: 0px; padding: 66.7% 0px 0px; overflow: hidden; will-change: transform;\"><iframe loading=\"lazy\" src=\"https:\/\/e.infogram.com\/9f7e7959-0223-42b8-b5f6-3191856ffbff?src=embed&#038;embed_type=responsive_iframe\" title=\"Crude oil prices since Jan 28\" allowfullscreen allow=\"fullscreen\" style=\"position: absolute; width: 100%; height: 100%; top: 0px; left: 0px; border: none; padding: 0px; margin: 0px;\"><\/iframe><\/div>\n<p class=\"wp-block-paragraph\">The Islamic Revolutionary Guard Corps hit U.S. Gulf allies, including <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/bahrain\/\" type=\"post_tag\" id=\"3266\">Bahrain<\/a>, overnight after the U.S. launched retaliatory airstrikes following Iran\u2019s hostile <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4645179\/iran-strikes-cargo-ship-declares-strait-of-hormuz-closed\/\">strikes<\/a> on commercial vessels in the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/strait-of-hormuz\/\" type=\"post_tag\" id=\"21488\">Strait of Hormuz<\/a> over the weekend. The Bahrain Defense Force General Command <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.bna.bh\/en\/StatementbyGeneralCommandofBahrainDefenceForce.aspx?cms=q8FmFJgiscL2fwIzON1%2bDqYG64e05UGt9YjhWM8RcPU%3d\" type=\"link\" id=\"https:\/\/www.bna.bh\/en\/StatementbyGeneralCommandofBahrainDefenceForce.aspx?cms=q8FmFJgiscL2fwIzON1%2bDqYG64e05UGt9YjhWM8RcPU%3d\">announced in a statement<\/a> that Iran had fired a series of missile and drone strikes at the country, aimed at civilians, and that Bahrain\u2019s defense successfully thwarted several attacks overnight.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-1\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-1\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-15\" data-wex-ad=\"art-dsk-inart-1\"><\/div>\n<\/div>\n<\/div>\n<div class=\"article-paywall\">\n<p class=\"wp-block-paragraph\">Sirens in Bahrain sounded throughout the early morning hours of July 14 as the Minister of Interior\u2019s office urged citizens and residents \u201cto remain calm and head to the nearest safe place.\u201d The Guard also claimed it attacked a U.S. air base in Jordan as the fighting escalated, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.reuters.com\/3fec1b0a85a0\/world\/middle-east\/iran-says-it-struck-us-air-base-jordan-us-military-ends-five-hours-attacks-2026-07-14\/\" type=\"link\" id=\"https:\/\/www.reuters.com\/3fec1b0a85a0\/world\/middle-east\/iran-says-it-struck-us-air-base-jordan-us-military-ends-five-hours-attacks-2026-07-14\/\">according to <em>Reuters<\/em><\/a>.<\/p>\n<p class=\"wp-block-paragraph\">U.S. Central Command announced late on Monday evening that its forces had successfully completed a five-hour airstrike mission across Iran, marking America\u2019s<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/defense\/4646881\/us-iran-strikes-third-consecutive-night\/\"> third consecutive <\/a>evening of attacks on Iranian targets.<\/p>\n<p class=\"wp-block-paragraph\">\u201cU.S. forces successfully struck military targets across Iran including Bushehr, Chah Bahar, Jask, Konarak, Abu Musa, and Bandar Abbas to further degrade Iran\u2019s ability to attack commercial shipping,\u201d <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/defense\/4646881\/us-iran-strikes-third-consecutive-night\/\" type=\"link\" id=\"https:\/\/www.washingtonexaminer.com\/policy\/defense\/4646881\/us-iran-strikes-third-consecutive-night\/\">CENTCOM said<\/a> in a statement.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-2\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-2\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-16\" data-wex-ad=\"art-dsk-inart-2\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">\u201cThese strikes will continue imposing a heavy cost on Iranian forces and degrade their ability to attack innocent civilians and commercial shipping in the Strait of Hormuz,\u201d CENTCOM said earlier Monday on the evening\u2019s planned attacks.<\/p>\n<p class=\"wp-block-paragraph\"><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4646825\/trump-iran-war-return-position-of-strength\/\" type=\"post\" id=\"4646825\">TRUMP RETURNS TO WAR WITH IRAN FROM \u2018POSITION OF STRENGTH\u2019<\/a><\/strong><\/p>\n<p class=\"wp-block-paragraph\">The United Arab Emirates\u2019s Defense Ministry announced Monday that Iran struck <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4647107\/iran-attacks-two-tankers-hormuz-uae\/\">two of its tankers<\/a> in the Strait of Hormuz late in the evening. The ministry said it \u201creserves its full right to respond to this escalation\u201d in a late Monday statement.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-3\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-3\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-17\" data-wex-ad=\"art-dsk-inart-3\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">The three nights of airstrikes and continual escalation seem to mark an end to the ceasefire in the war, though the fighting has not reached the levels the U.S. and Iran were at when the war began in late February, until the ceasefire was initially agreed to in April.<\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices surge to $80 amid Iran-U.S. tensions<\/p>\n","protected":false},"author":3976,"featured_media":2629480,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/07\/Trump-Iran.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[82626,57651,41872,57696],"class_list":["post-2629479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-gulf-conflicts","tag-iran-attacks","tag-oil-prices","tag-us-strikes"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/07\/Trump-Iran.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2629479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3976"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2629479"}],"version-history":[{"count":2,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2629479\/revisions"}],"predecessor-version":[{"id":2629482,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2629479\/revisions\/2629482"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2629480"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2629479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2629479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2629479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}