Oil prices jump after fresh US strikes against Iran deepen Middle East tensions, fueling inflation fears. Get the latest on the oil price surge and market

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…

Oil prices surge above $79 after new US strikes on Iran, stoking fears of supply disruption in the Strait of Hormuz and renewed global inflation pressures.

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

Oil prices climbed to their highest level in four weeks on Tuesday after the United States reinstated a naval blockade on Iran and intensified military strikes, while Tehran…