Brent settled at US$90.49 after the first US-Iran strikes in a month. Stocks fell, gold hit a two-week low, and Latin America repriced fuel.

The rise came a day after the United States said it had attacked Iranian rocket launchers on a small island in the Strait of Hormuz, marking its first strikes on Iran in a month.

Brent tops US$91 as traders price in renewed supply risk after US-Iran fighting resumes and Hormuz shipping stays thin.