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Oil prices rise amid US-Iran tensions and supply concerns

pre-market1 source ↓written by the desknot a recommendation

Oil prices increased as tensions between the United States and Iran escalated, impacting global crude supplies. Brent crude futures and US WTI both recorded gains due to fears of supply disruptions and shipping delays through the Strait of Hormuz. Traders remain cautious as diplomatic talks continue amid ongoing military strikes.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 29 Jun 2026, 07:07 IST.

Sourcesnews.google.com

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