Brent crude surged 2.8% past $90 per barrel after US-Iran military strikes near the Strait of Hormuz reignited supply disruption fears in global

Oil prices climbed over 2% to exceed $90 after US forces targeted Iranian launchers near the Strait of Hormuz, heightening fears of supply disruptions and regional instability.

Brent oil prices rise above $90 amid US-Iran clashes. New all-time high by December 31 at 12.5% YES.