oil prices

Brent crude rose above $100 a barrel for the first time since July as escalating Middle East conflict deepened fears over regional oil supply.

Iran says it will soon declare a new restricted zone in the Gulf and new Strait of Hormuz shipping maps, as fresh US-Iran attacks on ships lifted oil prices.

KEY POINTS Shares of Italian energy giant Eni fell 3.29% on September 4, closing at €23.08 on the Borsa Italiana as investors awaited the company’s latest financial results. The stock …

Oil headed for a weekly gain above 6 percent as US-Iran fighting resumed, while US diesel prices hit a record high, fuelling fresh global inflation fears.

Oil prices fell further on Tuesday as investors shrugged off the latest US sanctions on Iran, with Brent down 1.0 percent to $91.27 a barrel.

KEY POINTS Oil prices fell by more than $1 a barrel on Monday as investors took profits following a two-week rally and waited for details of new US sanctions expected …

Oil prices hit a three-week high on Wednesday as uncertainty over shipping through the Strait of Hormuz and continuing supply disruptions supported the market.

Oil prices rose in volatile trade on Wednesday after attacks on two ships and stalled US-Iran talks renewed worries about Middle East supply disruptions.

KEY POINTS Global oil prices climbed on Friday as uncertainty over plans to reopen the Hormuz Strait intensified, with concerns growing that any reopening could involve restrictions, fees and conditions …

KEY POINTS Global oil prices jumped by more than 3% on Tuesday after renewed tensions between the United States and Iran stalled progress on a proposed peace deal, reigniting fears …