Benchmark Brent crude rose 4% to 79 US dollars a barrel as America and Iran both claimed control over the vital Strait of Hormuz.

Brent crude surged 4.1 per cent to US$79.14 a barrel as at 9.40am Singapore time, after gaining 5.4 per cent last week. Read more at straitstimes.com. Read more at…

SINGAPORE: Oil prices jumped on Monday as Iran expanded strikes on Gulf states following attacks by the United States, threatening energy shipments via the Strait of Hormuz.…

Oil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed. Tehran extended strikes on Qatar and…

Brent crude climbed above $78 and WTI gained over 3% as escalating Iran-US tensions and threats to Strait of Hormuz shipping raised global supply concerns.

Brent crude climbs 3.3 per cent in early trade to reach $78.50 a barrel

Brent surges more than 4 per cent as US-Iran conflict escalates