Oil: Prices jump more than 2.5% after new military escalation — Brent above $90
The latest military escalation between the US and Iran has reignited tensions in the oil market, heightening fears of disruptions to global supply and the security of flows through the Strait of Hormuz
Oil: New Brent rally above $93 amid Trump’s economic war on Iran
Washington’s threats against Tehran gave oil prices a fresh boost, pushing them to a three-week high, as Bessent announced the “toughest sanctions in history”
Oil: Brent hits a four-week high, just below $92 — $100 scenarios return
Escalating tensions in the Middle East are increasing the geopolitical risk premium on oil, with Brent at $91.62 and reduced traffic through the Strait of Hormuz intensifying concerns