Renewed US-Iran conflict threatens global oil supply through the Strait of Hormuz, with Brent crude forecasts revised up nearly 30% and analysts warning of

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

The Middle East conflict and the closure of Strait of Hormuz led to the biggest oil supply shock and disruption in recent times. Global oil supply fell by 13.6 million barrels per…

Iran-US tensions disrupt the Strait of Hormuz, pushing Brent oil up 5% to $85.58. WTI reaching $90 in July now at 39.5% YES.

Renewed US-Iran conflict threatens global oil supply through the Strait of Hormuz, with Brent crude forecasts revised up nearly 30% and analysts warning of

With Brent crude reaching its highest price since June, how are investors reacting to the escalating conflict in the Middle East?

Oil prices rose on Monday morning as fighting between the US and Iran intensified, fuelling concerns over disruptions to energy shipments through the Strait of Hormuz.

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