Oil prices increased as President Donald Trump reimposed naval blockades on Iranian ports. Iran retaliated with strikes on United States infrastructure in the region. Brent and West Texas Intermediate crude oil reached their highest levels in weeks. Attacks have deepened supply disruptions in the vital Strait of Hormuz. Hostilities have reignited doubts about a permanent halt to the ongoing conflict.

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 surged 9.6 per cent to close at US$83.30 per barrel on July 13. Read more at straitstimes.com. Read more at straitstimes.com.

July 14 : Oil prices rose 2 per cent on Tuesday to their highest in four weeks, as the U.S. reimposed its naval blockade of Iran while the two countries stepped up attacks in the…

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…

Brent crude nears $85 a barrel amid renewed hostiles between Washington and Tehran.

Brent crude nears $85 a barrel amid renewed hostiles between Washington and Tehran.

Oil prices have continued to rise in the wake of the renewed conflict between Iran and the United States.

Prices have now climbed to their highest levels since US and Iran signed memorandum of understanding aimed at ending conflict

US President Donald Trump says he wants to charge vessels 20% tax to cross strait

SINGAPORE: Oil prices rose nearly 3 percent on Tuesday to their highest in four weeks, as the US reimposed its naval blockade of Iran while the two countries stepped up attacks…

Brent crude futures climbs to $85.20 per barrel while US West Texas Intermediate crude rises to $80.05 a barrel.

Brent crude surged 9.59% over two days to $83.30 as US-Iran military escalation and Strait of Hormuz tanker attacks reignited global supply disruption

Shipping data on Monday also showed the number of tankers transiting the Strait of Hormuz fell in the past day to the lowest level in two months.

Oil prices increased as President Donald Trump reimposed naval blockades on Iranian ports. Iran retaliated with strikes on United States infrastructure in the region. Brent and…

LONDON, July 15 : Oil extended gains by around 1 per cent on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran's Islamic Revolutionary…

LONDON, July 15 : Oil extended gains by around 2 per cent on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran's Islamic Revolutionary…

Discover why oil prices are surging following intensified Iran strikes and disruptions to a key global energy chokepoint. Read more at straitstimes.com. Read more at…

US Central Command says forces struck missile and drone facilities, naval assets and coastal defence systems in Iran overnight

US resumes blockade on the Islamic Republic’s shipping through the Strait of Hormuz

SINGAPORE: Oil extended gains on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Tehran launched strikes on US infrastructure in the…