Crude oil prices rise as US-Iran strikes raise fears of prolonged Hormuz supply disruption
9 Articles
9 Articles
Oil prices continued to rise today, as fears of continued disruption of supplies in the Middle East escalated, against the backdrop of mutual attacks between the United States and Iran on ships in the Strait of Hormuz and other areas.
Commodity Corner: Oil extends gains amid Middle East supply disruption fears; gold slips on rate hike bets
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%.
Singapore: Oil prices continued their rise on Monday as concerns mounted over a prolonged disruption to Middle East supplies following tit-for-tat attacks by the United States and Iran on ships in the Strait of Hormuz and elsewhere. Brent crude futures rose 52 cents, or 0.54 percent, to $96.80 a barrel by 23:54 GMT, while West Texas Intermediate crude climbed […]
New Delhi: Crude oil prices have remained high as oil supplies through the Strait of Hormuz were disrupted due to the US-Iran conflict. Brent crude prices have touched $97 per barrel. Last week, they...
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