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.