Oil prices rose to five-week highs as escalating U.S.-Iran hostilities and mounting threats to key Middle East shipping routes heightened fears of supply disruptions.

Oil prices rallied on Monday after conflict between the United States and Iran intensified, raising fresh concerns over crude supplies from the Middle East as shipping through the…

July 20 : Oil prices rose on Monday to their highest in more than a month, with Brent crude climbing above $90 a barrel as escalating hostilities between the U.S. and Iran…

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