Oil prices climbed to six-week highs as escalating U.S.-Iran hostilities and mounting threats to key shipping lanes outweighed bearish U.S. inventory data.

Brent crude prices surge to $90 amid US-Iran tensions. WTI reaching $110 by July 2026 at 4.8% YES.

Brent crude futures climb 2.37pc to $90.19, touching the highest since June 11; US WTI reaches $84.20 a barrel, up 2.07pc, the loftiest since June 12.