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MarketWatch Breaking NewsJun 26, 2026
Oil prices rise in after-hours trade as U.S. confirms retaliatory strike on Iran


MarketWatchJun 26, 2026
U.S. confirms retaliatory strike on Iran, pulling oil prices up in after-hours trading
Oil futures settled lower to post a third-straight weekly loss on Friday, but moved up in extended trading after the U.S. military confirmed a retaliatory strike on Iran.

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While the World Scrambles for Oil, China Sits on Full Tanks
The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf.
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