The United States leadership does not expect a major spike in oil prices on global markets during a new wave of US military strikes on Iranian territory, Axios reported, citing sources.

According to the portal’s sources, the US believes that during the ceasefire period with Iran, a sufficiently large number of oil tankers from Persian Gulf countries passed through the Strait of Hormuz. Washington calculates that the volume of oil that has already reached the market, as well as the overall adaptation of importing countries to the current tense situation, should soften the impact of strikes on Iran on exchange prices. The White House believes that the current market situation gives the US greater room for escalation.

On July 9, September futures for Brent crude on London’s ICE Futures exchange were trading at around $78.78 per barrel, up about $0.76 compared with the close of the previous session. During Wednesday trading, the futures rose 5.2% to their highest levels since June 19, 2026.