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Brent Crude Tops $90 as US-Iran Tensions Disrupt Strait of Hormuz Shipping

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Oil prices surged by around 3% amid a sharp escalation in conflict between the United States and Iran. Brent crude crossed the $90-per-barrel mark as regional instability rattled global energy markets. US military operations entered a ninth straight night of strikes targeting Iran, intensifying the standoff. Missile and drone attacks were also reported in Bahrain and Kuwait, broadening the regional impact. Disruptions to shipping through the Strait of Hormuz, a critical oil transit route, have kept upward pressure on crude prices.

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