The Strait of Hormuz is back under ‘full-conflict conditions’ — and energy markets are scrambling

Left: Trump shattered his own illusion by revealing fantasy underpinning ceasefire: analysis — www.rawstory.com
Center-Left: <a href="https://www.axios.com/2026/07/09/trump-iran-strait-hormuz-battle" rel="noopener nofollow">With Iran ceasefire &quot;over,&quot; Trump shifts to battle for Hormuz — www.axios.com
Center-Left: <a href="https://www.axios.com/2026/07/08/oil-jumps-trump-iran-ceasefire-over" rel="noopener nofollow">Oil jumps after Trump&#39;s Iran ceasefire comments — www.axios.com
Center-Left: <a href="https://www.axios.com/2026/07/07/iran-resumes-hormuz-attacks-us-officials" rel="noopener nofollow">Strait of Hormuz: Iran attacks three ships in 24 hours, U.S. says — www.axios.com
Center-Left: <a href="https://www.axios.com/2026/07/07/us-strikes-iran-hormuz-ship-attacks" rel="noopener nofollow">U.S. strikes Iran after attacks on vessels in Strait of Hormuz — www.axios.com
Right: <a href="https://www.theblaze.com/news/oil-prices-recover-strait-iran" rel="noopener nofollow">Oil prices DROP to pre-Iran-conflict levels — www.theblaze.com

Source: www.marketwatch.com · Section: business-tech · Bias: Center · Published: Wed, 08 Jul 2026 20:32:00 GMT

Oil prices surge as U.S. and Iran trade strikes; but even without further disruption, volatility appears here to stay for energy markets