United States conducts strikes on Iran as oil prices rise above ninety dollars

World · 20 July 2026

Written by AI from multiple news reports

The United States has attacked Iran for the ninth night in a row. The strikes happened early on Tuesday morning and have pushed oil prices above $90 per barrel.

The two countries had agreed a ceasefire in June. That deal also reopened the Strait of Hormuz, a narrow waterway in the Middle East. About one-fifth of the world's oil and gas travels through it. After the ceasefire, oil prices had been falling steadily.

The agreement has now collapsed. President Trump has said the US will blockade Iranian ships in the strait. Other ships will have to pay a 20% charge to pass through.

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