Oil prices climbed significantly on Monday as tensions rose. Brent crude futures surpassed ninety dollars a barrel, reaching recent highs. Attacks in the Middle East have disrupted energy shipments through the Strait of Hormuz. This escalation follows a substantial weekly gain for oil prices. Analysts suggest markets are underestimating potential inventory impacts from these blockades.

Oil prices jumped 2% amid US-Iran tensions. Crude oil to reach a new all-time high by September 30 at 7.6% YES, by December 31 at 15.5% YES.

Brent crude oil prices exceed $90 amid rising Iran War tensions. New all-time high by December 31 at 15.5% YES.

Oil prices climbed significantly on Monday as tensions rose. Brent crude futures surpassed ninety dollars a barrel, reaching recent highs. Attacks in the Middle East have…