Oil prices are maintaining their momentum, showing potential for a second consecutive week of gains. The escalating tensions between the US and Iran are creating disruptions in oil supply throughout the Middle East. While Brent crude futures have seen a slight uptick, WTI futures registered a small decline. Rising fears about supply constraints from key producers are contributing to these price fluctuations.

TOKYO/SINGAPORE: Oil prices climbed on Thursday on concerns the impasse in the US-Israeli war against Iran will continue to disrupt supply from the key Middle Eastern producing…

Oil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent rose 2.39% to $93.81, while WTI gained…

Oil prices are maintaining their momentum, showing potential for a second consecutive week of gains. The escalating tensions between the US and Iran are creating disruptions in…