Oil prices tumbled more after Iran struck US military base in Qatar, a sign Strait of Hormuz would stay open for now.

Strikes stoke fears of escalating regional conflict that could shut down vital strait of Hormuz shipping route

Oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against US attacks on its nuclear sites.

Crude oil prices dropped by 7% on hopes that the conflict would not immediately disrupt region’s oil supplies

A successful Iran-Israel ceasefire would abate concerns over Tehran's crude supplies and the stability of oil transport through the Strait of Hormuz.

Oil prices tumbled more after Iran struck US military base in Qatar, a sign Strait of Hormuz would stay open for now.