Brent Crude, the marker for worldwide oil prices, rose about 3% to reach over $100 per barrel.

The latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Command. One of the vessels was hit off the coast of Kharg…

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

Traders in the financial markets reacted to tensions flaring up in the Middle East.