Oil Prices Jumped and Stock Futures Fell on Renewed Iran Conflict

Oil prices jump after Iran and U.S. attack commercial ships as tensions escalate over Strait of Hormuz

Blockade Helps Put U.S. Crude-Oil Exports on Record Pace

Oil prices jump amid renewed tensions over the Strait of Hormuz

Current price of oil as of April 17, 2026

How 50 days of the Iran war led to the loss of $50 billion worth of oil