Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, including missile firings at a Jordanian airbase, have reignited tensions and impacted peace hopes. The ongoing disruptions in the Strait of Hormuz and declining U.S. crude inventories are also contributing to price support.

Oil prices surged over 2% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential disruptions to crude flows through…

Oil prices jumped over 3% on Monday as escalating strikes between Iran and Israel heightened fears of prolonged regional instability, threatening a fragile ceasefire.

Oil prices rose following the latest escalation in the Middle East. According to Reuters, US crude futures climbed by $2.57 to $93.11 a barrel, while Brent crude futures rose by…

June 9 : Oil prices inched up in early trade on Tuesday after Iran and Israel left the door open to a possible resumption of attacks on each other, though they had called a halt…

Oil prices eased in early Tuesday trading after Iran and Israel indicated a pause in hostilities, reducing immediate concerns over supply disruptions. However, both countries kept…

June 10 : Oil prices climbed about 1 per cent on Wednesday, moving away from a seven-week low touched in the previous session, after the U.S. military launched new strikes against…

Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, including missile firings at a Jordanian…

Oil prices rise nearly 1% amid U.S. military strikes on Iran and tightening crude supplies, signaling market volatility.

Oil prices rose after U.S. strikes on Iranian military targets revived fears of escalation near the Strait of Hormuz.

Oil prices have surged after fresh US strikes on Iran, threatening a fragile truce and prolonging the Middle East conflict. Read more at straitstimes.com. Read more at…

West Texas Intermediate crude surged as much as 3.3 per cent to US$92.99 a barrel. Read more at straitstimes.com. Read more at straitstimes.com.

June 11 : Oil prices climbed more than $2 a barrel Thursday as Iran declared the critical energy chokepoint, the Strait of Hormuz, closed after the U.S. launched additional…

Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. strikes. Iran warned of attacks on any…