Reuters - Oil prices rose for a third day on Tuesday as the widening U.S.-Israeli conflict with Iran and threats to shipping through the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region. Brent crude futures were at $78.83 a barrel, up $1.10, or 1.4%, by 0107 GMT. On...
and Israeli air war against Iran widened on Monday with Israel attacking Lebanon and Iran responding with strikes against energy infrastructure in Gulf countries and against tankers in the Strait of Hormuz. ultra-low-sulfur diesel futures were up 3.1% at $2.991 after reaching a two-year high on Monday, while gasoline futures were up 1.1% after climbing 3.7% in the previous session.
Summarised from Ada Derana Biz
People- Tony Sycamore
- Helima Croft
- Ajay Parmar
- Jorge Leon
- Bernstein
- Parmar
Organisations- Revolutionary Guards
- Reuters - Oil
- Abu Dhabi
- han 20%
- Reuters
- Rystad
- Brent
- less
Places- Strait of Hormuz2
- United States2
- Saudi Arabia2
- Middle East2
- Strait2
- Iran2
- Washington
- East-West
Keywords- conflict2
- expanding
- analysts
- elevates
- israeli
- barrel
- supply
- could
- jumps
- rises
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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