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Iran Resumes Attacks in Strait of Hormuz

Iran's military fired at least two missiles at commercial ships in the Strait of Hormuz Monday night, U.S. officials told Axios, setting a tanker ablaze and pushing oil prices higher.

Iran Resumes Attacks in Strait of Hormuz
AP News

The Morning Brief Desk · July 7, 2026 · Based on reporting by Axios · Updated July 13, 2026

Iranian forces launched at least two missiles at commercial vessels passing through the Strait of Hormuz on Monday night, two U.S. officials told Axios. The strikes mark a resumption of Iranian attacks in the waterway after a period without incidents.

One of the vessels, a tanker traveling off the coast of Oman, caught fire after a projectile struck it, AP reported. Details about the ship's flag, cargo, crew and the extent of the damage were not included in the initial reports, and neither outlet described casualties.

Energy markets reacted quickly. Brent and U.S. crude futures both rose after the report of the attack, according to CNBC. The size of the price moves was not specified in the available reporting. Iran's government has not been quoted in the material addressing the strikes, and it remains unclear what prompted the resumption or whether additional vessels were targeted beyond the two missiles the U.S. officials described.

The context

The Strait of Hormuz is the world's most critical oil chokepoint, a narrow passage through which a large share of seaborne crude transits. That makes any disruption there a direct concern for global energy supplies and prices.

Monday's strikes follow a lull in Iranian attacks on shipping in the strait, according to the U.S. officials who spoke to Axios. The attacks also come against the backdrop of a post-war ceasefire framework, which the renewed strikes now put under strain. The available reporting does not detail the terms of that framework, when the earlier attacks stopped, or what triggered the previous round of hostilities, leaving the fuller sequence of events between Iran and the U.S. unclear from this material.

Why it matters

Attacks on commercial ships in the strait carry consequences well beyond the vessels involved. Because the waterway is the most important chokepoint for seaborne oil, strikes there feed directly into crude prices — a link visible in the immediate rise in Brent and U.S. futures — and, by extension, into fuel costs for consumers, including in the U.S. The resumption also tests the post-war ceasefire framework: if the arrangement was holding partly because attacks in the strait had stopped, Monday's missiles reopen the question of whether it can survive.

What’s next

Key questions remain open: whether Iran acknowledges or explains the strikes, how the U.S. and other governments respond, and whether attacks on shipping continue or Monday's incident proves isolated. The condition of the burning tanker and its crew is another point to watch. Oil markets will track any further incidents in the strait, since sustained attacks would keep pressure on crude prices.

Sources

  • AxiosIran resumes attacks in Strait of Hormuz after lull, U.S. officials say

    Iran's military fired at least two missiles at commercial ships transiting the Strait of Hormuz on Monday night, two U.S. officials tell Axios.

    Read at Axios

  • AP NewsTanker ablaze after being struck by projectile in the Strait of Hormuz

    A tanker traveling off the coast of Oman in the Strait of Hormuz has caught on fire after being struck by a projectile.

    Read at AP News

  • CNBC Top NewsOil prices rise after report of Iranian attack on commercial ships in Strait of Hormuz

    Brent and U.S. crude futures rose after a report of an Iranian attack on commercial ships in the Strait of Hormuz.

    Read at CNBC Top News

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