SECURITYJul 17 · 07:29 UTCDAWN[email protected] (Reuters)

Oil rises on intensifying US-Iran hostilities, threat of Red Sea closure

Oil prices rose as US and Iran escalated attacks in the Gulf, with Iran urging Houthis to prepare to close the Red Sea oil route. The US launched strikes against Iran, while Qatar reported intercepting an Iranian missile attack, heightening concerns over global oil supply disruptions.

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United StatesplaceIranplaceHouthisorganizationRed SeaplaceQatar's defence ministryorganizationU.S. Central CommandorganizationInternational Energy AgencyorganizationStrait of Hormuzplace

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