Calm in the oil markets proved short-lived as prices jumped nearly 3% in early Wednesday trade.

TOKYO, July 8 : U.S. oil prices jumped nearly 3 per cent in early trade on Wednesday, extending the previous session's gains, after the U.S. military launched a series of strikes…

Traders brace for potential export disruptions as tensions flare around Hormuz

Calm in the oil markets proved short-lived as prices jumped nearly 3% in early Wednesday trade.

TOKYO, July 8 — The benchmark US oil contract increased more than 2.5 per cent when markets opened today, as Mideast tensions rose with new US attacks on Iran.West Texas...

Oil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in…

Oil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in…

Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.

Global oil prices spiked over 5% after US military strikes on Iran, intensifying West Asia tensions and threatening the security of the vital Strait of Hormuz shipping route.

Renewed U.S.-Iran military strikes and attacks on commercial shipping near the Strait of Hormuz have lifted oil prices and reminded markets that geopolitical risks remain a major…

“The current conflagration is a reminder to the market of how fragile passage through the Strait still is,” analyst says.