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Oil prices rise as hostilities worsen in the Middle East
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 region. Brent futures climbed 99 cents, or 1.2 percent, to $85.72 a barrel at 07:00 a.m. Saudi time. West Texas Intermediate futures gained 64 cents, or 0.8 percent, to $79.98 a barrel.
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arabnews.com
Oil jumps 3 percent after US, Iran escalate strikes in Mideast
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.…
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thehindubusinessline.com
Oil prices today: Brent jumps above $78 as Iran-US tensions escalate
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.
