Brent crude climbed above $90 a barrel on Tuesday afternoon as renewed conflict between the United States and Iran heightened inflation risks, with economists warning the South African Reserve Bank could respond with another interest rate hike.

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…

(Bloomberg) -- Oil climbed to the highest level in more than a month and bonds fell as US and Iranian attacks escalated, renewing inflation concerns. Stocks stabilized after a…