July 16 : Oil prices eased on Thursday as traders weighed escalating tensions between the United States and Iran and the risks to oil supplies moving through the Strait of Hormuz.Brent crude futures were down 58 cents, or 0.68 per cent, to $84.37 a barrel at 0808 GMT, while U.S. West Texas Intermediate future

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…

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