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US-Iran conflict escalates, pushing oil prices higher

after close1 source ↓written by the desknot a recommendation

The US and Iran have intensified strikes in the Strait of Hormuz, disrupting shipping and pushing oil prices higher. The US military reported its seventh consecutive night of strikes targeting Iranian military infrastructure. As tensions rise, traders should monitor oil market fluctuations and geopolitical developments closely. ⚡

• US strikes on military logistics

• Iran tightens control over the strait

• Kuwait intercepts Iranian missiles

Immediate market implications may include volatility in oil prices.

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 18 Jul 2026, 16:11 IST.

Sourcesnews.google.com

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