Market news reference
Opening original source
FX Radar archived news

Oil Climbs as Fresh Tanker Strike Highlights Risks Around Hormuz

Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence, joined Bloomberg's Paul Sweeney and Stacey Vanek Smith to talk the uncertain oil market during the ongoing conflict in Iran. Oil nudged higher following attacks on shipping in and around the Strait of Hormuz, highlighting continued risks to vessels in the critical waterway. Brent traded n…

Bullish · Oil bloomberg markets Tue, 07 Jul 2026 17:02:59 UTC

You are being sent to the original publisher. FX Radar keeps this reference for market context and source discovery.