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

Traders brace for potential export disruptions as tensions flare around Hormuz

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

Washington reinstates oil sanctions on Tehran following attacks on ships 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.