Oil Prices Rise Nearly 2% as U.S.-Iran Conflict Threatens Strait of Hormuz

SINDOnews.com

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Global oil prices jumped 3.5% in trading on Monday (31.8), after the United States (US) attacked an Iranian island in the Strait of Hormuz, and Tehran....

Asianet News Network Pvt Ltd

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The US attack on Larak Island in the Strait of Hormuz and Iran's retaliation by attacking US bases in Jordan have escalated the conflict. These developments have caused oil prices to soar in the international market. The disruption of shipping traffic through the Strait of Hormuz and the stalling of peace talks are adding to the crisis.

Newssky.com.ua

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The world is on the brink of an energy crisis again. Amid renewed military strikes between the United States and Iran, global oil prices show a sharp rise, underscoring the fragility of global energy security. It will take longer to read... Oil prices soar 2% amid US-Iran escalation: Global risks rise at Newssky.com.ua.

www.capital.bg

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Oil prices rise after US, Iran resume hostilities Oil prices rose nearly 2% on Monday after the US struck an Iranian island in the Strait of Hormuz, prompting retaliation from Tehran, Reuters reported. Brent crude futures rose $1.77, or 2%, to $89.87 a barrel by 07:33 GMT, while US West Texas Intermediate crude was trading at $84.85, up 1...

Poder360

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Brent's future contract reached $ 89.87 per barrel at 4:33 a.m. (Brazilian time); the US attacked an Iranian island and Tehran retaliated.