Oil prices rose more than 1.5% to their highest in more than six weeks on Thursday, with the United States launching a new round of strikes on Iran and Yemen’s Houthis targeting oil tankers in the Red Sea.

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…

Brent crude oil prices surged 14% due to US-Iran tensions disrupting supply routes. Oil reaching a new all-time high by December 31 at 11.5% YES.

On Tuesday, oil prices surged nearly two percent amid escalating tensions between the United States and Iran. The situation was further complicated by threats from Yemens Houthis…

Oil prices hit a 6-week high amid US-Iran tensions. New all-time high by December 31 at 15.5% YES.