Thursday, September 3, 2026
Oil prices rise on escalation in Middle East- oil and gas 360

Oil prices rise on escalation in Middle East

(Investing) – LONDON – Oil prices rose on Thursday after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruptions to Middle East supplies. Brent crude futures were up 59 cents, or 0.62%, at $96.22 a barrel by 1327 GMT while U.S. West Texas Intermediate crude futures rose 78 cents, or 0.86%, to $91.79. Both contracts were heading for their