Oil prices rose Friday as investors weighed escalating threats between the United States and Iran.

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…

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

Oil prices rose Friday as investors weighed escalating threats between the United States and Iran.