US EditionOil Prices Surge to Multi-Month High Amid Escalating U.S.-Iran Tensions
Oil prices rose about 3% as geopolitical risks linked to potential U.S. military action against Iran and supply disruptions pushed Brent crude to $70.71 per barrel.
10 Articles
10 Articles
Oil Prices Surge to Multi-Month High Amid Escalating U.S.-Iran Tensions
NEW YORK (VINnews) — Brent crude oil jumped to its highest level in about six months Thursday as fears grew of potential U.S. military action against Iran, driving a sharp risk premium into global energy markets. Brent futures rose as much as 5% during the session, briefly topping $71 per barrel before settling around $70.50–$70.90, […]
Brent crude futures exceeded $71 per barrel for the first time since August after U.S. President Donald Trump warned Iran to reach a nuclear deal or face military attacks. World reference oil rose to 5.1 percent, while its American counterpart, West Texas Intermediate, surpassed $66 amid the renewed risk of conflict that could disrupt Iran’s crude exports or have domino effects on global markets if a critical shipping route is blocked.
Oil Prices Surge to Highest Level Since September 2025 on US‑Iran Tension
Global oil prices climbed sharply on Thursday, rising to their highest level since September 2025 as markets reacted to mounting fears that a potential U.S. military strike on Iran could disrupt supplies from the Middle East. Brent crude futures the international benchmark surpassed $70 a barrel, while U.S. West Texas Intermediate (WTI) also posted significant gains, […] The post Oil Prices Surge to Highest Level Since September 2025 on US‑Iran …
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