EnergyHigh impactPre-market

Oil prices surge after missile strike near Hormuz

5 May 2026 · 07:09 ISTpre-market1 source ↓written by the desknot a recommendation

: $111.12 per barrel
: $104/bbl

Oil prices surged on Monday following reports of a missile strike by Iran on a U.S. Navy vessel near Jask Island. Brent crude rose 2.82% to $111.12 per barrel, while WTI crude increased similarly to $104/bbl. The incident heightens tensions in the region and may impact global oil supply.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 5 May 2026, 07:09 IST.

Sourcesnews.google.com

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Oil prices surge after missile strike near Hormuz

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