Oil prices rise due to air strikes by America and Iran
Three boys play in the shallow waters of the Strait of Hormuz near Bandar Abbas, Iran, on July 13, as a plume of smoke rises from an explosion in the background. (Razieh Paudat/ISNA via AP) July 13, 2026 7:53 am, EDT | Update: July 13, 2026 11:26 am, EDT key takeaways: Oil prices surged and