Oil price rises above $100 a barrel as Tehran responds to US attacks that sunk five Iranian tankers

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…

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

Renewed fighting stokes fears of deeper disruptions