Oil tops $105 as Kharg Island strike heightens Hormuz supply fears
TL;DR Summary
Brent crude rose about 1.8% to $104.98 per barrel as markets priced in supply risks after the US struck Iran’s Kharg Island and Trump pressed allies to reopen the Hormuz Strait, heightening concerns over global energy supply in a tense Middle East.
- Oil prices rise after Trump claims US ‘totally demolished’ Iran’s Kharg Island export hub The Guardian
- Live updates: Gulf countries report new attacks after Iran warns major UAE ports to evacuate AP News
- U.S. oil prices top $100 as Trump administration threatens strikes on Iran's crude export facilities CNBC
- Gulf Arab states intercept new missiles and drones as Iran threatens to widen war Politico
- Trump says US may hit Iran’s Kharg Island again ‘just for fun’ Al Jazeera
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