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 strikes against Iran.Brent futures rose $2.30, or 2.47 per cent, to $95.40 a barrel, while U.S. West Texas Intermediate (WTI) crude climb

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

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 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…

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…

Global crude benchmarks jumped over 2% on Thursday as tensions in the Middle East escalated once again, with Iran announcing that the Strait of Hormuz is “closed to all vessels.”…

Oil prices rose sharply after Iran claimed it had closed the Strait of Hormuz in response to fresh U.S. military strikes.

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.

SINGAPORE: Oil prices jumped on Thursday as Tehran declared the critical energy chokepoint, the Strait of Hormuz, closed after the US launched additional strikes against Iran and…