Oil prices rose on Monday as U.S. attacks on Iranian tankers and Tehran’s threat of a new restricted zone outside the Strait of Hormuz raised concerns about prolonged disruption to Middle East energy supplies.
Brent crude futures rose half a percent to $96.70 a barrel, extending last week’s gains after U.S.-Iran attacks pushed Hormuz traffic to its lowest since May. WTI crude futures were up 0.1 percent at $91.55.
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Market Analysis
Oil Prices Rise As US, Iran Exchange Fresh Strikes
2026-09-07 09:40:02
