Iran-US renewed conflict pushes crude oil above $95 for the first time in five weeks

NAIRAMETRICS | 02-09-2026 09:21am |

The article reports that tensions between the United States and Iran have increased, leading to a rise in crude oil prices. For the first time in five weeks, oil prices have gone above $95 per barrel. This increase is mainly due to worries that military actions could disrupt oil supplies, especially through a key shipping route called the Strait of Hormuz.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.