OICHARTS
8 AMThe 8 AM report →
EnergyHigh impactPre-market

US launches strikes against Iran, Brent crude prices rise

pre-market1 source ↓written by the desknot a recommendation

The United States has initiated a new wave of military strikes against Iran, declaring the previous agreement to end hostilities as "over." The strikes aim to protect commercial shipping in the Strait of Hormuz, a critical international waterway. Following this escalation, Brent crude prices have surged, reflecting heightened geopolitical tensions in the region. ⚡

• US Central Command states the strikes will degrade Iran's threat to navigation.

• The scale of the strikes reportedly exceeds previous operations.

Traders should monitor oil price fluctuations closely as tensions escalate.

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 10 Jul 2026, 07:07 IST.

Sourcesnews.google.com

Related