CNBC
Oil jumps as U.S.-Iran resume strikes after a brief pause
Wednesday, July 29, 2026
Oil prices rose following Iran's launch of ballistic missiles at U.S. forces in the Middle East. The attack marked a resumption of hostilities after a period of reduced military activity between the two countries. U.S. and Iranian forces have exchanged strikes multiple times in recent months.
Original reporting: https://www.cnbc.com/2026/07/29/oil-prices-today-brent-wti-iran-us-hormuz.html
