BUSINESSMARKETWATCH
Oil prices see largest two-day percentage gain in four months on U.S.-Iran fighting
Oil prices experienced their largest two-day percentage gain in four months as concerns over U.S.-Iran tensions in the Middle East drove investor anxiety. West Texas Intermediate and Brent crude front-month contracts rose on Tuesday due to fears of potential de-escalation in the region.
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Adjacent reporting
- Oil hits 1-month high as US-Iran fighting clouds Strait of Hormuz outlook
- Oil prices rise as the U.S. and Iran fight over control of Strait of Hormuz
- Oil Holds Gains as Iran Stokes Inflation Worries: Markets Wrap
- Texas oil firms increase production, amidst elevated prices during U.S.-Iran War
- Oil prices jump as fighting flares in the Middle East, while Asian shares are mixed
- Brent crude jumps as US-Iran fighting continues