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Oil prices rise as US and Iran clash over Strait of Hormuz
Oil prices surged on Monday, July 13, 2026, as renewed military strikes between the United States and Iran over the vital Strait of Hormuz reignited fears over global energy supplies.
Energy
Latest verified news about Energy on Verilumia. Fact-checked and bias-analyzed Energy stories from multiple sources.
- Oil prices rise as US and Iran clash over Strait of Hormuz
- US and Iran exchange strikes in Strait of Hormuz
- Oil prices dip as Strait of Hormuz tanker traffic plummets
- Federal authorities arrest two illegal miners in Osun
- US says Strait of Hormuz open despite Iran's closure claim
- Prime Minister Mark Carney visits Calgary Stampede
- Former Qatar emir Sheikh Hamad Al Thani dies at 74
- Iran launches missile and drone attacks on Gulf allies
- US launches third strike on Iran after vessel attack
- US gives Iran Saturday deadline to halt Hormuz attacks
- Pakistan raises petrol, diesel prices by over Rs13
- U.S. House to vote next week on permanent daylight saving
US and Iran exchange strikes in Strait of Hormuz
Major hostilities between the United States and Iran escalated over the weekend and continued into Monday, centered on competing claims of control over the strategically vital Strait of Hormuz.
Oil prices dip as Strait of Hormuz tanker traffic plummets
Oil prices settled lower on Friday, July 10, after a week of renewed military clashes between the United States and Iran, but still posted sharp weekly gains as a significant slowdown in tanker traffic through the critic...
Federal authorities arrest two illegal miners in Osun
Federal authorities have arrested two suspected illegal miners and shut down an illicit mining camp in Osun State, marking the latest enforcement action in a nationwide crackdown on unlawful mineral exploitation.
US says Strait of Hormuz open despite Iran's closure claim
The strategic Strait of Hormuz remained open to commercial shipping on Sunday, July 12, 2026, despite a declaration by Iran's Islamic Revolutionary Guard Corps (IRGC) that the waterway was closed. The U.S.
Prime Minister Mark Carney visits Calgary Stampede
Prime Minister Mark Carney visited the Calgary Stampede on Saturday, July 11, 2026, engaging with attendees and attending the evening rodeo events following a week of international diplomacy and domestic policy announcem...
Former Qatar emir Sheikh Hamad Al Thani dies at 74
Sheikh Hamad bin Khalifa Al Thani, the former Emir of Qatar who transformed his nation into a global diplomatic and economic powerhouse, died on Sunday, July 12, 2026. He was 74.
Iran launches missile and drone attacks on Gulf allies
Iran launched a widespread missile and drone attack across the Gulf region on Sunday, July 12, 2026, targeting several U.S. allies and escalating a dangerous cycle of retaliation with the United States.
US launches third strike on Iran after vessel attack
The United States launched a third round of military strikes against Iran on the evening of July 11, 2026, in retaliation for an Iranian attack on a commercial vessel in the Strait of Hormuz, an escalation that prompted ...
US gives Iran Saturday deadline to halt Hormuz attacks
The United States has issued a Saturday deadline for Iran to publicly commit to halting all attacks on commercial vessels in the Strait of Hormuz, warning of severe consequences if Tehran refuses to comply.
Pakistan raises petrol, diesel prices by over Rs13
The Pakistani government has raised the prices of petrol and high-speed diesel by more than 13 rupees per litre, effective July 11, 2026. The increase pushes the price of petrol to 310.
U.S. House to vote next week on permanent daylight saving
The U.S. House of Representatives is scheduled to vote next week on legislation that would make daylight saving time permanent across the nation, reigniting a long-running debate over the biannual practice of changing cl...
Ukraine strikes Russian fuel tankers and oil refineries
Ukrainian forces launched a major series of strikes against Russian energy infrastructure and maritime logistics on July 9 and 10, targeting oil refineries, fuel depots, and a significant number of vessels in the Sea of ...
UK faces record heatwave and widespread water bans
The United Kingdom is enduring its third major heatwave of the summer, with temperatures reaching 35.2 degrees Celsius in Derbyshire on Friday, July 10, and setting several new national records.
Delta expects higher airfares to persist as fuel prices fall
Delta Air Lines announced Friday that elevated airfares are likely to persist despite a recent drop in fuel prices, citing sustained strong demand for travel and disciplined industry capacity.
IEA forecasts global oil demand to fall in 2026
Global oil demand is projected to decline this year for the first time since the COVID-19 pandemic, according to a new report from the International Energy Agency.
India backs E20 petrol, acknowledges 3-5% mileage loss
The Indian government on Friday issued a detailed defense of its nationwide E20 petrol policy, acknowledging a potential reduction in fuel economy for some vehicles while strongly rejecting claims that the ethanol-blende...
Ukraine drones hit 14 Russian ships in Sea of Azov
Ukrainian forces have escalated a campaign of long-range drone strikes against Russian maritime supply lines, claiming to have hit dozens of vessels in the Sea of Azov over several days in a bid to isolate occupied Crime...
Anglian Water bans hosepipes for 5 million England users
A hosepipe ban affecting approximately five million customers in the East of England will come into force at 1 a.m. on Saturday, July 11, as water companies respond to prolonged dry weather and record-breaking heat.
Iran attacks U.S. military sites in Gulf after U.S. strikes
Iranian forces launched retaliatory attacks on U.S. military infrastructure in several Gulf states on Thursday, July 9, 2026, marking a significant escalation that has critically undermined a three-week-old ceasefire.
