Oil slid in thin summer trading as signs of increased flows through the Strait of Hormuz offset concerns over a fresh wave of hostilities from Iran to the Black Sea. ›

Oil sank as the US paused almost two weeks of daily strikes against Iran, even as the Houthis claimed attacks on Saudi targets and ship-tracking suggested flows remained constrained. ›

Oil futures prices retreated on ​Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red ‌Sea and fears of further escalation in the U.S.-Israeli war on Iran. ›

Oil ​prices rose for a fifth day on Thursday on increasing concerns about supply availability amid attacks on tankers in the ‌Red Sea by Yemen’s Houthis and strikes between the U.S. and Iranthat have once again nearly shut the Strait of Hormuz. ›

Oil prices extended gains to trade near six-week highs on Wednesday as fears of further supply disruptions intensified after U.S. forces struck Iranian military targets for the 11th straight night, while ​oil tankers made U-turns in the Red Sea after warnings by Iran-backed Houthi militia. ›

Oil prices fell on Tuesday, with markets ​weighing reports of mediation efforts between the U.S. and Iran against an exchange of ‌fresh attacks between the two and threats of a naval blockade of Saudi Arabia by Yemen’s Houthis. ›

Oil prices jumped ​about 3% on Monday, with Brent oil prices surpassing $90 per barrel, as escalating U.S.-Iran hostilities in ‌the Middle East restricted oil shipments through the Strait of Hormuz. ›

Oil prices inched up on Friday after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows ​out of the Strait of Hormuz and with Tehran asking the Houthi organisation to ‌stand ready to shut the Red Sea export route. ›

Oil ​prices turned lower on Thursday as traders took profits while assessing the risks from a new wave of ‌U.S. strikes on Iranian military installations that stoked fears of renewed full-scale conflict and supply disruptions in the Strait of Hormuz. ›

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. ›