Crude oil prices are modestly higher on Thursday, giving back initial gains that reflected increasing supply disruption concerns amid U.S.-Iran re-escalation after U.S. President Donald Trump remarked that the new wave of strikes on Iran are only for a limited time.
WTI Crude Oil for October month delivery was last seen trading up by $0.24(or 0.26%) at $91.26 per barrel.
The U.S. military recently commenced a second round of strikes on Iran, targeting Iran’s radar system and mine-laying capabilities along Iran’s southern coast.
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Market Analysis
Crude Oil Ticks Higher As Hormuz Crisis Drags While Trump Signals New Strikes On Iran Are Temporary
2026-09-03 18:39:42
