Brent crude futures gained $1.05, or about 1.25%, to $85.28 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose $1.03, or 1.3%, to $79.98 a barrel. The gains helped both benchmarks recover losses from the previous session. For the week, both oil benchmarks have rallied nearly 12%. Brent is headed for a third straight weekly gain, while WTI is on course for its second consecutive week of advances.

Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 a barrel. On Monday, Brent had surged…

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.

SINGAPORE: Oil prices rose nearly 3 percent on Tuesday to their highest in four weeks, as the US reimposed its naval blockade of Iran while the two countries stepped up attacks…

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

Brent crude traded at $85.02 a barrel at 11:44 a.m. EDT, up 2.06% from Monday's close after reaching $87.39 earlier on Tuesday.

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…

PERTH, July 17 : Oil prices inched higher on Friday after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows out of the Strait of…

Escalating military tensions between the United States and Iran continued to lift oil prices on Friday, putting crude benchmarks on track for their biggest weekly gains in three…

Brent crude futures gained $1.05, or about 1.25%, to $85.28 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose $1.03, or 1.3%, to $79.98 a barrel. The gains…

Oil prices climbed as renewed US-Iran attacks raised concerns over Strait of Hormuz and Red Sea supplies, pushing Brent above $85 a barrel.

Oil prices rise amid US-Iran tensions threatening supply routes. Crude oil reaching a new all-time high by December 31 at 12% YES.

“The potential threat of the Red Sea becoming another major supply disruption point is further complicating the global oil outlook,” says analyst.