US-Israel-Iran War Latest Live News: The United States, Israel and Iran are headed towards an economically critical period of their conflict amid the uncertainties surrounding the Strait of Hormuz. On Tuesday, Brent oil prices were at around $87.84 per barrel, while US West Texas Intermediate oil prices were at around $82.20. Brent oil prices have surged 44% this year in 2026. US-Israel-Iran War Latest Live News: American Drivers Face Higher CostsIt is becoming ever more apparent at fuel pumps in the United States. Increased oil prices could increase costs in other areas.