Brent crude hits $108 a barrel amid escalating Middle East shipping disruptions

Oil prices are continuing their upward trajectory, with Brent crude futures gaining $1.05 as of 00:45 GMT, or 1 percent, to reach $108.68 a barrel.

Brent crude tops $105 as US-Iran conflict fuels supply concerns

Brent crude rose above $105 per barrel on Thursday as the escalating US-Iran conflict heightened concerns over prolonged disruptions to global energy supplies.

Oil holds firm above $100 as Middle East supply fears grow

Oil prices are holding firm after Brent crude breached $100 a barrel, with traders expecting deeper supply disruptions as Iran and the United States launch their largest attacks on shipping since their six-month-old conflict began.

Oil prices jump following latest US-Iran attacks

Oil prices rise nearly 1 percent in early trade, extending the previous session’s surge, as concerns over supply disruption intensify after the US and Iran exchange overnight strikes, dimming hopes for a quick easing of tensions in the Middle East.

Oil prices rise for fourth straight day on US-Iran concerns, Price of Brent oil up above $92 per barrel on London’s ICE

Oil prices are extending their gains for a fourth consecutive session, with Brent crude futures rising 26 cents or 0.29 percent to $91.28 a barrel as of 00:04 GMT.

Vessel struck by projectile while transiting Strait of Hormuz

A vessel in the Strait of Hormuz has reported being struck by a projectile, the UK’s Maritime Trade Operations agency (UKMTO) says.

Brent falls below $82 per barrel, first time since July 13

Oil ⁠prices have fallen by more than $4 a barrel after Trump called off planned attacks on ‌Iran’s infrastructure.

Oil prices hit $100 for the first time since May

Oil prices hit $100 a barrel for the first time since May as the escalating conflict in the Middle East reignited fears over global energy supplies.

Oil prices climb to $96 a barrel

Oil prices are extending their gains, with Brent crude futures rising $1.93 as of 00:11 GMT, or 2 percent, to reach $96 a barrel, marking their highest level since June 8.

Brent crude falls below 75 USD first time since U.S. strikes Iran

Brent crude futures fell below 75 U.S. dollars per barrel on Wednesday for the first time since the United States struck Iran in late February, as concerns over supply disruptions eased.

Oil prices fall as Trump calls off Iran strikes

Oil prices fell on Friday, extending losses from the previous session after US President Donald Trump cancelled plans to strike Iran, reducing fears of an escalation of hostilities following tit-for-tat attacks earlier in the week.

Iran signals ‘readiness, rather than compromise’ amid US threats

We are seeing a new round of very sharp and threatening language from Trump, who said on his Truth Social that the clock is ticking for Iran and that it must move fast or face consequences.

Oil prices jump amid renewed US-Iran fighting in Hormuz Strait, then settle

Brent ⁠crude oil futures jumped as much as 3 percent on Friday, as the US and Iran clashed in the Strait of Hormuz, but the gains were pared back amid optimism of an imminent agreement between Washington and Tehran to end the war.

Oil prices surge past $103 a barrel after US announces blockade of Iran

Oil prices have risen sharply following US President Donald Trump’s announcement of a naval blockade of Iran.

Oil drops as Trump announces 10-day delay to attacks on Iran energy sites

Oil prices have fallen as US President Donald Trump pushed back a deadline for US attacks on Iran’s energy facilities.

One killed in attack on oil tankers at Iraqi port

A spokesman for Iraq’s army says one crew member was killed and 38 others were rescued after the attack on two foreign oil tankers in its port of al-Faw.

Trump says Iran war 'very complete, pretty much' and ahead of schedule

Trump has suggested the war against Iran could be over soon, telling the BBC’s US media partner CBS News: “I think the war is very complete, pretty much."

Saudi Arabia downs four drones heading towards Shaybah oilfield

The Saudi Ministry of Defence says it has intercepted and destroyed four drones over the country’s Rub al-Khali desert that were heading towards the Shaybah oilfield.

Gas price in Europe exceeded $650 after Putin’s remarks on ending EU supplies

Gas prices on European exchanges rose by more than 10% at the opening of trading and exceeded $650 per 1,000 cubic meters, according to data from the London-based ICE exchange.

Oil prices rise after ships attacked near Strait of Hormuz

Global oil prices have risen after at least three ships were attacked near the Strait of Hormuz, as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel.