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Iran-Israel conflict drives Brent crude to 5-month highs as traders price in rising OPEC route risks and potential U.S. military involvement.

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Shipping analysts attribute the rising chartering costs in part to an increase in war risk premiums. According to Xclusiv ...

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

Could the Strait of Hormuz close amid an Iran–Israel war? Understand the potential impact on global oil supply.

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Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.