Brent Oil - ONGC, Oil India, Chennai Petroleum, MRPL shares climb as Brent nears $100
08-09-2026 02:17
Oil prices rose after Iran-backed Houthis attacked energy facilities in Saudi Arabia, while Tehran threatened the United States with "economic warfare".
Brent Approaches $100 as Markets Assess Iran Threats to Gulf Energy Infrastructure
Oil prices extended their advance on Tuesday, with Brent crude approaching $100 a barrel as markets assessed the risk of further disruption to Middle East energy supplies following Iranian warnings about potential retaliation against oil and gas infrastructure in the Gulf.
Oil extends gains on Middle East attacks; US gas prices at record high for Labor Day
Oil prices extend earlier gains, with Brent crude marching toward $100 a barrel as fresh exchanges of strikes between the U.S. and Iran keep the geopolitical risk premium high.
Brent crude nears $98 as US-Iran strikes raise supply risks
Oil prices climbed to a six-week high on Monday as fresh US-Iran strikes heightened tensions across the Middle East and raised concerns about disruptions to global crude supplies. Brent crude futures, the international benchmark, rose 1.5% to $97.73 a barrel, reaching $97.93 earlier in the session, its highest level since July 23.
