Oil prices are on track for their biggest weekly gain since April as renewed military conflict around Iran disrupts Middle Eastern oil exports and raises fears of broader shipping disruptions.

Oil prices climbed to multi-week highs as renewed U.S.-Iran tensions and concerns over Strait of Hormuz shipping disruptions revived the geopolitical risk premium.

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

Oil prices surged amid US-Iran tensions. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

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

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…

Oil prices are on track for their biggest weekly gain since April as renewed military conflict around Iran disrupts Middle Eastern oil exports and raises fears of broader shipping…

Oil prices are on course early Friday for their strongest weekly performance since April as renewed conflict between the United States…

Increased disruption in the Strait of Hormuz has raised supply concerns