Oil Shock: U.S. Strikes Iran

MISSILES FIRED AT KUWAIT

Iranian ballistic missiles, June 6 2026

TANKER SHIPPING ETF SURGE

+1,600%

recent weeks, pricing in conflict risk

U.S. STRIKE DATE

June 9, 2026

direct military action against Iran

ALLIED NATIONS CONDEMNING IRAN

U.S., Europe, Australia — joint condemnation of assassination plots

Jun 6

Iran fires 7 missiles at Kuwait

Jun 8

Trump demands Israel-Iran ceasefire

Jun 9

U.S. launches strikes against Iran

KEY QUESTIONS

Why did oil prices spike so sharply after the U.S. strikes?

What is the Strait of Hormuz and why does it matter so much?

Why did tech stocks fall while oil prices rose?

What did the tanker shipping ETF surge signal before the strikes?

What is the significance of allied nations jointly condemning Iran?