Sun 12 Jul 2026
FTSE 100 10,497.29 -1.70%Microsoft 385.10 -1.38%NVIDIA 210.96 +8.28%Apple 315.32 +2.17%Google 355.03 -0.32%S&P 500 7,575.39 +1.23%Nasdaq 26,281.61 +1.74%Dow 52,637.01 -0.50%Russell 2000 2,977.81 -0.61%US 10Y Treasury 4.57% +0.88%Euro Stoxx 50 6,269.97 -2.00%DAX 25,067.09 -2.76%AEX-Index 1,084.23 +0.17%Nikkei 225 68,557.73 -1.69%Hang Seng 24,175.12 +3.53%Gold $4,113.70 -0.76%Silver $60.17 -1.26%Brent Crude Oil $76.01 +2.49%Natural Gas $2.94 -9.95%Copper $6.28 +1.79%GBP/USD 1.3401 +0.36%GBP/EUR 1.1736 +0.52%GBP/AUD 1.9274 +0.14%Bitcoin (USD) $63,953 +2.72%Ethereum (USD) $1,804 +3.51%FTSE 100 10,497.29 -1.70%Microsoft 385.10 -1.38%NVIDIA 210.96 +8.28%Apple 315.32 +2.17%Google 355.03 -0.32%S&P 500 7,575.39 +1.23%Nasdaq 26,281.61 +1.74%Dow 52,637.01 -0.50%Russell 2000 2,977.81 -0.61%US 10Y Treasury 4.57% +0.88%Euro Stoxx 50 6,269.97 -2.00%DAX 25,067.09 -2.76%AEX-Index 1,084.23 +0.17%Nikkei 225 68,557.73 -1.69%Hang Seng 24,175.12 +3.53%Gold $4,113.70 -0.76%Silver $60.17 -1.26%Brent Crude Oil $76.01 +2.49%Natural Gas $2.94 -9.95%Copper $6.28 +1.79%GBP/USD 1.3401 +0.36%GBP/EUR 1.1736 +0.52%GBP/AUD 1.9274 +0.14%Bitcoin (USD) $63,953 +2.72%Ethereum (USD) $1,804 +3.51%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 20°C Partly cloudyBirmingham 18°C Partly cloudyManchester 20°C SunnyNewcastle 18°C Partly CloudyBristol 20°C SunnyPembroke 20°C SunnyEdinburgh 15°C Partly cloudyBelfast 18°C SunnyInverness 15°C Partly cloudyPenzance 20°C Partly CloudyHolyhead 20°C SunnyNorwich 20°C Sunny
More Info

Escalating Tensions: US Strikes Iran Amid Strait of Hormuz Closure

Advertisement
Follow News in 60 on Facebook

The recent US strikes against Iran mark a significant escalation in tensions, particularly following Iran’s declaration of the Strait of Hormuz as closed. This vital waterway is crucial for global oil transport, and its closure could disrupt international shipping routes, impacting global oil prices and supply chains.

The US Central Command has indicated that these military actions aim to degrade Iran’s capacity to threaten maritime security. With commercial vessels now facing increased risks, shipping companies may need to reconsider their routes, potentially leading to higher shipping costs and delays in goods delivery.

Moreover, the ongoing conflict could have broader implications for UK energy security, as fluctuations in oil prices directly affect household finances and fuel costs. The situation also raises concerns about the safety of British nationals and businesses operating in the region.

As Iran vows retaliation, the potential for further military confrontations looms, which could lead to a prolonged period of instability in the Middle East. This could have lasting effects on international relations and economic stability, making it essential for the UK and its allies to monitor developments closely.

Source: GB News

Read more War news →

News Category: War Tags: hormuz, iran, military, oil, us

Leave a comment

Your email address will not be published. Required fields are marked *