BEIJING, May 28 : Oil prices jumped more than 3 per cent on Thursday after Iran's Revolutionary Guards said they targeted a U.S. airbase in response to a U.S. attack near Bandar Abbas airport.Brent crude futures rose $3.51, or 3.72 per cent, to $97.8 a barrel by 0344 GMT, while the more active August contract

Oil prices saw a jump on Tuesday. This followed U.S. military strikes in southern Iran. Tensions remain high as a deal to end the conflict appears uncertain. Iran has disrupted…

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.

Crude oil futures increase as US military strikes in Southern Iran raise tensions, while Trump emphasizes ongoing negotiations.