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strikeAug 17, 2026

Oil climbs as fading US-Iran peace hopes raise supply risks

Summary

Oil climbs as fading US-Iran peace hopes raise supply risks Both brent crude and US WTI crude contracts gained more than 5% last week following attacks on tankers - Brent crude futures climbed 27 cents, or 0.3 per cent, to US$91.14 by 0003 GMT on Tuesday.

Source: The Business Times — Read the full report

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  • The Business TimesBy The Business Times

    Oil climbs as fading US-Iran peace hopes raise supply risks Both brent crude and US WTI crude contracts gained more than 5% last week following attacks on tankers - Brent crude futures climbed 27 cents, or 0.3 per cent, to US$91.14 by 0003 GMT on Tuesday. PHOTO: REUTERS OIL price…

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