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 Middle East oil and gas supplies. Brent crude advanced $2.65, or 3.26 percent, to $83.99 per barrel by 08:20 am Saudi time, a fifth session of gains. US West Texas Intermediate crude rose $2.76, or 3.70 percent, to $77.42.

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…

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…

Gas and home heating oil prices are on the rise as energy infrastructure falls victim to the escalating Iran war.

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…

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…

The price of a gallon of Brent oil has jumped by nearly 30% in a week as prospects of a longer war set in.