Optimism in crude markets is set to be tested with strategists tipping a resurgence in the price towards $US110 a barrel.

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.

Optimism in crude markets is set to be tested with strategists tipping a resurgence in the price towards $US110 a barrel.

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.

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…

Renewed hostilities threaten to extend the near-total closure of the Strait, which has choked off supplies of crude, fuels and natural gas since the start of the war in late…

Crude oil futures rise amidst escalating US strikes on Iran, signaling market volatility and potential supply constraints.