Oil rises on intensifying US-Iran hostilities, threat of Red Sea closure | TheStarTV.com

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

Published on 17 Jul 2026 1:07:55 PM

Oil prices rose on Friday (July 17) after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows out of the Strait of Hormuz and with Tehran asking the Houthi political and military organisation to stand ready to shut the Red Sea export route.

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Keywords
news, thestartv, the star, iran, us, military, strikes, oil, hormuz, houthi, red sea, export, route

Oil prices rose on Friday (July 17) after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows out of the Strait of Hormuz and with Tehran asking the Houthi political and military organisation to stand ready to shut the Red Sea export route.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, iran, us, military, strikes, oil, hormuz, houthi, red sea, export, route

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