Oil prices extended gains as escalating U.S.-Iran tensions and Iranian threats against regional energy shipping routes heightened fears of broader supply disruptions.

Crude oil prices soared nearly 5% on July 13, with Brent nearing $80 per barrel, as escalating US-Iran strikes fueled market volatility and supply concerns.

Oil prices surged by more than 4% after renewed U.S.-Iran hostilities and competing claims over the status of the Strait of Hormuz reignited fears of major supply disruptions.

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

Brent crude futures climb to $79.11 while US WTI crude rises $2.95 to $74.36 a barrel.

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

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 surge to a one-month high amid escalating U.S.-Iran tensions and military actions in the Strait of Hormuz.

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

Oil prices continued to climb to hit $85 a barrel on Tuesday, marking their highest level in nearly a month as U.S. strikes on Iranian military targets and...

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.

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…

Oil prices extended gains as escalating U.S.-Iran tensions and Iranian threats against regional energy shipping routes heightened fears of broader supply disruptions.

TOKYO, July 16 : Oil prices rose for a fourth straight day on Thursday after a new wave of U.S. strikes on Iranian military installations fuelled fears of renewed full-scale…

Oil climbed for a fourth day as the US continued attacks on Iran in a bid to secure shipping through the Strait of Hormuz. | World News