Crude Oil Futures News - June 11, 2026

Oil at $91 With the Strait of Hormuz Still Contested — Has the Market Already Priced In the Worst, or Is More Pain Ahead?

Crude prices climbed to $90.85 on Thursday as the U.S. launched fresh strikes on Iran and wholesale inflation data confirmed that war-driven energy costs are...

Oil Surges as Iran Shuts Strait of Hormuz Following US Strikes

Crude oil prices jumped Thursday as Iran closed the Strait of Hormuz following U.S. military strikes. Tehran announced it will attack any vessel attempting to...