Oil price jumps after US strikes in Iran raise concerns over the fragile ceasefire, impacting global energy supplies and trade through the Strait of Hormuz

Oil prices rebounded after U.S. strikes on Iranian targets near the Strait of Hormuz revived fears that the fragile path toward reopening the chokepoint could unravel.

Brent crude fell 7 per cent on Monday, one of the sharpest single day drops since the Iran war and closure of Strait of Hormuz, but are now bouncing back

Oil prices rose after new U.S. strikes on Iranian targets deepened uncertainty over the Strait of Hormuz crisis.

Oil price jumps after US strikes in Iran raise concerns over the fragile ceasefire, impacting global energy supplies and trade through the Strait of Hormuz

Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz.

Oil prices rose after fresh U.S. strikes on Iranian targets renewed fears that fragile ceasefire talks could collapse and prolong disruption around the Strait of Hormuz.

Oil prices bounced higher on Thursday while Asian stocks mostly fell, as new US strikes on Iran marked the latest test of a shaky ceasefire in the Middle East war.

The latest strikes were the most serious since an April ceasefire, and came despite a series of headlines suggesting talks on a deal were progressing.