Back to News
Market Impact: 0.65

Oil jumps more than 2% after US attack on Iran's Larak island

Source: reuters.com

Geopolitics & WarEnergy Markets & PricesSanctions & Export ControlsTrade Policy & Supply Chain
Oil jumps more than 2% after US attack on Iran's Larak island

Oil rose more than 2% Monday, with Brent returning above $90/bbl, after U.S. forces struck two Iranian launchers on Larak Island in the Strait of Hormuz. The action marked the first known U.S. strikes on Iran since late July, raising near-term supply and shipping-risk concerns for the Gulf.

AllMind Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request Trial

Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

More News

From AllMind Research

Browse all research