Oil extended gains on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Tehran launched strikes on ​U.S. infrastructure in the region. ›

Oil prices rose nearly 3% on Tuesday to their highest in four weeks, as the ‌U.S. reimposed its naval blockade of Iran while the two countries stepped up attacks in the Strait of Hormuz, heightening uncertainty about energy flows. ›

Oil prices surged over 4% on Monday as energy shipments via ​the Strait of Hormuz remained under threat, with the U.S. and ‌Iran announcing renewed military strikes. ›

Oil prices edged higher on Friday and were set for weekly gains because of renewed fears of supply disruptions from the key Middle East producing region after renewed ​fighting between the U.S. and Iran this week curtailed shipping in the Strait of ‌Hormuz. ›

European natural gas prices edged lower as traders evaluate the region’s supply picture after fresh hostilities between the US and Iran. ›

Oil prices were little changed ​on Thursday as markets assessed the impact of fresh U.S. strikes on Iran, which could hinder progress on talks to end ‌their war and allow for the full reopening of the key Strait of Hormuz. ›

Oil prices gained more than 3% ​on Wednesday after Iran and the U.S. military traded airstrikes and Washington reimposed crude sales sanctions on Tehran, raising fears ‌their fragile truce was unravelling and Middle East supplies could be disrupted again. ›

Oil prices edged higher on Tuesday as traders looked beyond easing geopolitical tensions ‌in the Middle East and turned their attention to supply increases and demand prospects. ›

Oil prices ​inched lower on Monday after OPEC+ agreed to further increase its output targets from August ‌while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies. ›

Oil prices were little changed on Friday before a long holiday weekend in the U.S., as traders held on to ​hopes that attempts to secure peace in the Middle East between the United States and ‌Iran would succeed. ›