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Oil climbs as US-Iran tensions flare again while stockpiles tighten
SINGAPORE: Oil prices climbed on Wednesday, moving away from a seven-week low touched in the previous session, after the US military launched new strikes against Iran and as market data showed another large draw in US crude stocks. Brent futures rose 66 cents, or 0.7 percent, to $92.11 a barrel at 07:06 a.m. Saudi time, while US West Texas Intermediate crude climbed 60 cents, or 0.7 percent, to $88.80.
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arabnews.com
Oil falls as investors await clarity after Iran-Israel halt attacks
SINGAPORE: Oil prices fell on Tuesday, erasing most of the previous session’s gains, after Iran and Israel said they had halted attacks on each other following an appeal from US…
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thehindu.com
Oil rises nearly 1% as U.S. launches new strikes against Iran, supply tightens
Oil prices rise nearly 1% amid U.S. military strikes on Iran and tightening crude supplies, signaling market volatility.
