IranInitial report
Crude oil futures spike 7-8% amid Iran tensions
Sunday, 12 April 2026 at 23:53 UTC · 1 source
Crude oil futures have spiked over 7-8 percent, likely in response to the announced US maritime blockade of Iran set to begin April 13.
Key Details
Oil futures up 7-8%
Cycle: Sunday, 12 April 2026 at 21:53 UTC