WORLDAL JAZEERA
Oil hits 1-month high as US-Iran fighting clouds Strait of Hormuz outlook
Oil prices reached a 1-month high as tensions between the US and Iran raised concerns over the Strait of Hormuz. Brent crude approached $85 a barrel due to renewed hostilities between Washington and Tehran.
Related Signal
Adjacent reporting
- Oil prices rise as the U.S. and Iran fight over control of Strait of Hormuz
- Brent crude jumps as US-Iran fighting continues
- Oil gains over 2% as Mideast tensions and Hormuz toll prospects raise supply worries
- Oil is surging and AI stocks are sinking as Trump reinstates the Iran blockade
- Oil jumps as Trump claims new Hormuz blockade on Iran