Today's markets: oil, Hormuz, US inflation

Sources

• CNBC

  Brent gained about 2% to $85 a barrel as US-Iran strikes entered a third night and Hormuz transits fell about 52%.

  Cited Jul 14, 2026https://www.cnbc.com/2026/07/14/us-iran-hormuz-strikes-oil-toll.html

• CNN · CNN

  UAE says two of its tankers, the Mombasa and Al Bahiyah, were struck in the Strait of Hormuz; one crew member killed.

  Cited Jul 14, 2026https://www.cnn.com/2026/07/13/world/live-news/iran-war-trump

• The Motley Fool

  US June CPI is released July 14, 2026; headline annual inflation forecast to ease to about 3.8%.

  Cited Jul 14, 2026https://www.fool.com/investing/2026/07/13/the-latest-inflation-data-will-drop-on-july-14-here-s-why-it-s-a-big-deal-for-the-stock-market/