Oil prices held steady on Thursday after climbing to more than one-month highs earlier.
Brent crude futures were up half a percent at $96.07 a barrel in choppy trade after three straight sessions of gains amid renewed U.S.-Iran hostilities over control of the Strait of Hormuz. WTI crude futures were up 0.6 percent at $91.53 a barrel.
While the recent military escalation added a fresh layer of uncertainty to an already fragile oil market, investors were relieved by continued energy flows through the Strait of Hormuz.
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Market Analysis
Oil Steadies After Three-day Rally
2026-09-03 09:29:36
