The attack on Iran's Kharg Island sparked a rise in oil prices.

date
08/04/2026
On the 7th local time, it was reported by US media that the US military had carried out attacks on military targets on the Iranian oil export hub of Khark Island, exacerbating market concerns and causing international oil prices to fluctuate and rise during the day. As of 20:25 on the 7th Beijing time, the price of light crude oil futures for delivery in May on the New York Mercantile Exchange was $115.14 per barrel, up 2.43%; the price of Brent crude oil futures for delivery in June in London was $110.48 per barrel, up 0.65%.