Oil Prices Climb as U.S. Strikes Tanker and Downs Iranian Drones | HappeningNow.news
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Oil Prices Climb as U.S. Strikes Tanker and Downs Iranian Drones

Oil prices rose in early Asian trade on Wednesday after yet another escalation in the Middle East, with Iran firing missiles at Kuwait and Bahrain, and the U.S.

Source OilPrice AI Summary Updated June 3, 2026
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Freshness Stale Updated June 3, 2026
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Read time 1 min ~61 words

AI Summary

Oil prices rose in early Asian trade on Wednesday after yet another escalation in the Middle East, with Iran firing missiles at Kuwait and Bahrain, and the U.S. firing on and disabling an oil tanker heading toward Iran. At the time of writing, Brent front-month futures had climbed 1.09% to trade at $97.05 per barrel, while West Texas Intermediate had risen…

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