Oil prices remain above $100 a barrel as Iran tightens its grip on the Strait of Hormuz, attacks vessels and expands a prohibited zone amid escalating regional tensions.

Jump to contentAllNewsSportCultureLifestyleVessels transit the Hormuz Strait off the coast of Iran's southern port city of Bandar Abbas (AFP/Getty)Goldman Sachs has warned that…

Oil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic has heightened fears of a supply shock,…

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

Renewed fighting stokes fears of deeper disruptions

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