Bullstory
Jul 7, 2026

U.S. launches new strikes on Iran…oil prices at 72.40dollars per barrel

The U.S. military carried out new strikes against Iran in 2026 and announced that additional attacks were completed on 7. The U.S. government reinstated oil-related sanctions, citing attacks on tankers, and crude oil futures rose to 7 dollars per barrel.8Further attacks were completed on 72.40.


![U.S. launches new strikes on Iran…oil prices at 72.40(/blog-images/gen-9b81c615-f35d-404f-aa50-70893908e1cd.avif)

The U.S. military launched new strikes against Iran on 2026 according to U.S. Central Command. The statement confirmed the launch of the strikes while disclosing limited details about the specific targets and extent of the damage.7The statement confirmed the launch of the strikes while disclosing limited details about the specific targets and extent of the damage.7The statement confirmed the launch of the strikes while disclosing limited details about the specific targets and extent of the damage.

The United States announced that another attack had been completed on 2026 and explained that the operation was part of a series of successive strikes targeting multiple sites.7 and explained that the operation was part of a series of successive strikes targeting multiple sites.8 and explained that the operation was part of a series of successive strikes targeting multiple sites.

The secretary general of the North Atlantic Treaty Organization said the attack was absolutely necessary. The remarks were intended to emphasize the legitimacy of the strikes.

The United States has reimposed oil-related sanctions, citing a tanker attack near the Strait of Hormuz. Defense and foreign affairs authorities said the reimposition targets shipping and oil transactions.

In the market reaction, crude oil futures rose to 72.40dollars per barrel. Bond prices also fell, while fluctuations in short-term interest rates were reported.

President Donald Trump said after the airstrikes that the ceasefire was "over." The president's remarks expressed a declaration that the cessation of fighting had ended.

Additional information on the precise extent of the airstrikes' damage and their long-term repercussions has not yet been released. Authorities announced that they would issue follow-up statements.

The U.S. government said it would implement the airstrikes and sanctions measures in coordination. Official documents and additional statements to be released in the future are expected to affect the market.

Sources: Reuters,Free Malaysia Today,CNBC Top News

Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.