Oil prices jumped on Monday as US and Iran hostilities escalated, threatening an all-out war, which keeps the Strait of Hormuz closed for sea traffic.
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WTI Oil climbs to fresh one-month highs near $84.00 as Iran’s War escalates
Oil prices jumped on Monday as US and Iran hostilities escalated, threatening an all-out war, which keeps the Strait of Hormuz closed for sea traffic.
FXStreet — Commodities Jul 20, 2026 1 min read