Iran tightens effective blockade of Strait of Hormuz amid seventh night of US strikes
Question
Iran tightens effective blockade of Strait of Hormuz amid seventh night of US strikes
Direct answer
Heightened war risk premium in crude and gas: front‑month Brent futures surged toward $87–88/bbl, WTI above $82/bbl, and Murban crude rallied over 4.5% intraday; LNG spot prices in Asia rose to a four‑month high, pressuring energy‑importer FX such as INR and JPY and supporting pe
- Original publisher
- Market Ontology
- Evidence through
- 2026-07-18
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “Iran tightens effective blockade of Strait of Hormuz amid seventh night of US strikes”, revision 1, evidence through 2026-07-18. https://marketontology.com/market-events/2026-07-18/iran-tightens-effective-blockade-of-strait-of-hormuz-amid-seventh-night-of-us-st-2a40c8
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