Global oil markets are moving faster than physical supply conditions, leaving inflation risks elevated despite signs of easing tensions in the Middle East.

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...

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

Global oil markets are moving faster than physical supply conditions, leaving inflation risks elevated despite signs of easing tensions in the Middle East.