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Oil Prices Climb After U.S. Strikes Three Iranian Tankers and Iran Vows Revenge
Oil prices edged higher in early Asian trade on Monday following another weekend of escalation in the U.S.-Iran war.
AI Summary
Oil prices rose modestly in early Asian trading on Monday after the United States struck three Iranian oil tankers over the weekend, prompting Iran to vow retaliation. At the time of reporting, West Texas Intermediate crude was up 0.72% at $92.14 per barrel and Brent crude increased 0.63% to $96.89. The price movement reflects heightened tension in the ongoing U.S.-Iran conflict.
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