Oil Prices rise as US-Iran tensions renew supply fears

By Boluwatife Oshadiya | June 2, 2026 Key Points Main Story Global oil prices moved higher on Monday after fresh military exchanges between the United States and Iran intensified concerns over potential disruptions to crude supply routes across the Middle East. Brent crude, the international oil benchmark, climbed 2.9% to $93.89 per barrel, while West … Continue reading Oil Prices rise as US-Iran tensions renew supply fears