Oil prices climbed as US forces conducted airstrikes and intercepted drones near the Strait of Hormuz, while diplomatic efforts between Washington and Tehran remained stalled.
Brent crude oil rose above $96 per barrel
May 28, 2026
11:15 am
What's the storyOil prices have rebounded sharply after a more than 5% drop on Wednesday.
The rise comes as US forces carried out new airstrikes in Iran and the two nations remain at an impasse over reopening the Strait of Hormuz.
Oil Prices Jump After U.S. Strikes Iranian Missile Sites | OilPrice.com
Oil Prices Jump After Fresh U.S. Strikes on Iran | OilPrice.com
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Oil prices rebounded after U.S. strikes on Iranian targets near the Strait of Hormuz revived fears that the fragile path toward…
