Brent up 7.1% this week at $95.67; Iraq exports rebound as Hormuz risks persist

Brent trades at $95.52 after Tuesday’s $4-plus jump; IRGC says Hormuz traffic will be further restricted

Brent crude, the global benchmark for oil prices, rose 5.38 per cent to $95.36 per barrel on Tuesday as renewed tensions between the ...

Oil prices are on the rise, driven by escalating supply risks in the Middle East. The renewed hostilities between the U.S. and Iran have heightened fears regarding regional…