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Oil prices rise 3% as Iran crisis disrupts Middle East supply
LONDON: Oil prices rose 3 percent on Wednesday as the US-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump suggested the US Navy could escort vessels through the Strait of Hormuz. Brent rose $2.67, or 3.3 percent, to $84.07 a barrel by 9:59 a.m. Saudi time, after closing on Tuesday at its highest since January 2025. US West Texas Intermediate crude rose $2.24, or 3 percent, to $76.8, after settling at its highest since June. Both benchmarks have risen about 5 percent or more in the past two sessions.
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theguardian.com
Oil prices jump as Iran war threatens shipping through strait of Hormuz
Brent crude rose by 13% during early trading and stock markets came under pressure as US-Israeli strikes on Iran raised fears of disruption
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cnbc.com
Oil soars amid Strait of Hormuz shipping fears as Iran war drives prices to nearly $80
The conflict in the Middle East has sent oil prices soaring, as Brent Crude hit a new 52-week high on Monday.
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arabnews.com
Oil, gas markets surge amid Strait of Hormuz disruptions; drones intercepted at Ras Tanura
JEDDAH: Oil prices surged by as much as 13 percent on March 2 after retaliatory Iranian attacks disrupted shipping in the Strait of Hormuz, following Israeli and US strikes on…
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bbc.com
Oil prices rise again as Iran threatens to torch ships crossing Gulf
It comes after prices surged on Monday and as the US is set to announce plans to deal with the rising cost of energy.
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Oil rises as expanding US-Israeli conflict with Iran elevates supply risks
SINGAPORE: Oil prices rose for a third day on Tuesday as the widening US-Israeli conflict with Iran and threats to shipping through the Strait of Hormuz heightened fears of…
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Oil prices rise 3% as Iran crisis disrupts Middle East supply
LONDON: Oil prices rose 3 percent on Wednesday as the US-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President…
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Oil leaps 3% on supply concerns as Iran conflict widens
TOKYO/SINGAPORE: Oil prices surged more than 3 percent on Thursday, extending a rally as the escalating US-Israeli war with Iran raised fears of prolonged disruptions to vital…