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Oil Prices Surge Amid Gulf Tensions

Updated 2026-06-28 22:25 UTC 1 source Negative

Oil prices increased and U.S. stock-index futures edged higher following renewed tensions between the U.S. and Iran in the Persian Gulf.

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MarketWatch

Oil prices rise, stock futures inch higher as U.S. and Iran trade more airstrikes

Oil prices rose Sunday while U.S. stock-index futures advanced, after the U.S. and Iran continued to trade fire in the Persian Gulf, renewing fears that the Strait of Hormuz may effectively be shut again.

2026-06-28 22:18 UTC