New U.S. strikes on Iran sent Brent crude above $90 as the six-month war continues to disrupt the Strait of Hormuz.

U.S.-Iran tensions escalated near the Strait of Hormuz as Iran retaliated for U.S. strikes on Larak Island, pushing Brent crude above $89.

Oil prices climbed more than 2% after renewed U.S.-Iran fighting raised fresh fears of disruption to shipping and crude exports through the Strait of Hormuz.