Oil prices surge 4% amid Houthi strikes near Hormuz
after close1 source ↓written by the desknot a recommendation
- on 10 June
- 4%
- per barrel
- $81.70
- WTI climbed
- $77.80
New military strikes by Houthi rebels near the Strait of Hormuz have caused oil prices to spike by 4% on 10 June 2026. Brent crude futures reached $81.70 per barrel, while WTI climbed to $77.80. This surge raises concerns over potential supply disruptions in a critical global shipping lane. ⚓️
The attacks have heightened geopolitical risk premiums, impacting global oil supply dynamics. Traders should monitor developments closely as tensions escalate in this vital region.
Not investment advice. For informational purposes only.