Oil prices jumped more than three percent on Wednesday as the Middle East crisis burst back into the spotlight with US and Iranian forces exchanging strikes after attacks on ships in the Strait of Hormuz,…

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.

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.

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

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.

Oil prices jumped more than three percent on Wednesday as the Middle East crisis burst back into the spotlight with US and Iranian forces exchanging strikes after attacks on ships…

ALBAWABA - Oil prices surged more than six percent on Wednesday and continue to trend upward as the U.S. and Iran renew strikes on each other.It seems t

The price of Brent crude oil was up by as much as 3% on Wednesday morning to around 76 US dollars a barrel.