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Oil rises more than $1 as escalation in US-Iran strikes unnerve traders
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 as President Donald Trump vowed even more attacks if no peace deal is secured. Brent futures rose $1.48, or 1.59 percent, to $94.58 a barrel as of 05:43 a.m. Saudi time, while US West Texas Intermediate crude climbed $1.71, or 1.90 percent, to $91.74. US crude futures gained more than $3 earlier in the session.
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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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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…
