Oil rises as renewed US-Iran strikes stoke supply fears

New Photo - Oil rises as renewed US-Iran strikes stoke supply fears

Oil rises as renewed US-Iran strikes stoke supply fearsBy Robert Harvey Tue, September 1, 2026 at 8:42 AM UTC By Robert Harvey LONDON, Sept 1 (Reuters) - Oil prices gained on Tuesday as the resumption of fighting between the U.S. and Iran in the Middle East renewed fears of supply disruptions from the world's key crude-producing region. Brent crude futures were up $1.18, or 1.3%, to $91.67 a barrel at 0739 GMT, while U.S. West Texas Intermediate crude was up $1.27, or 1.48%, to $87.03.

Published: September 1, 2026 at 11:54AM on Source: VENUS MAG

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