Oil jumped after a second day of US military strikes on Iran, with the Islamic Republic announcing a halt to all vessels through the Strait of Hormuz in response, putting further strain on a fragile ceasefire.
Geopolitics Bloomberg Jun 10, 2026
Oil Surges as Fresh US Strikes on Iran Threaten Fragile Truce
Oil jumped after a second day of US military strikes on Iran, with the Islamic Republic announcing a halt to all vessels through the Strait of Hormuz in response, putting further strain on a fragile ceasefire.
