Oil prices rise to $90 amid US-Iran tensions. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

Oil prices jumped 13% amid US-Iran tensions and Strait of Hormuz closure. New all-time high by December 31 at 11.5% YES.

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.

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…

Analysts warn oil market may be underestimating risk to supply from latest escalation