Tanker attacks in Strait of Hormuz spark fears of wider supply disruption

US-Iran tanker attacks are raising fears of oil supply disruptions as Brent crude nears $100. Could the Strait of Hormuz crisis push oil above $100?

Brent crude futures climbed 52 cents, or 0.54%, to $96.80 a barrel by 2354 GMT while U.S. West Texas Intermediate crude was at $92.14 a barrel, up 66 cents, or 0.72%.

Oil prices experienced a significant rise on Monday, following a spike in tensions between the US and Iran. The US struck three Iranian oil tankers in a bold move, while Iran…

Tanker attacks in Strait of Hormuz spark fears of wider supply disruption

Oil prices moved closer to the $100-a-barrel mark on Wednesday, rising more than 1% for a fourth straight session as renewed tensions between US-Iran and continued to rattle the…

Renewed fighting stokes fears of deeper disruptions