U.S. crude oil touches highest level since June 2025 after Iran says it attacked a tanker
Oil prices have surged about 15% this week as the U.S.-Iran war engulfs the Middle East.
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In this article USO Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:44 03:44 White House: No timeline for when the Strait of Hormuz will be safe for travel Squawk Box U.S. crude oil prices on Thursday touched their highest level since June 2025 after Iran claimed to have attacked a tanker. U.S. crude was last up 3.8%, or $2.86, at $77.52 per barrel, while global benchmark Brent rose 2.9%, or $1.89, to $83.75 per barrel. U.S. crude briefly broke $78 per barrel earlier in the session, the highest level since the U.S. and Israel attacked Iran's nuclear facilities last June. Oil prices have surged about 15% this week. Iran claimed to have struck an oil tanker with a missile, according to a state media report . Iran's Revolutionary Guard ordered a closure of the Strait of Hormuz earlier this week and threatened to attack tankers passing through it, according to state media . The British Navy on Thursday reported a large explosion at a tanker at anchor in Iraqi territorial waters. The ship's master reported seeing a small vessel flee the scene. The crew is safe and no fires were reported. Tanker traffic through the Strait of Hormuz has come to a standstill since the U.S.-Israeli war against Iran began, as ship owners are worried about the volatile security situation. About 20% of global oil consumption is exported through the Strait. Subscribe to CNBC PRO Subscribe to Investing Club Licensing & Reprints CNBC Councils Select Personal Finance Join the CNBC Panel Closed Captioning Digital Products News Releases Internships Corrections About CNBC Site Map Podcasts Careers Help Contact News Tips Got a confidential news tip? We want to hear from you. Get In Touch CNBC Newsletters Sign up for free newsletters and get more CNBC delivered to your inbox Sign Up Now Get this delivered to your inbox, and more info about our products and services. Advertise With Us Please Contact Us Ad Choices Privacy Policy Your Privacy Choices CA Notice Terms of Service © 2026 Vers...
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