Oil climbs for third day over Israeli-US war on Iran

Middle East Eye · March 3, 2026 General

Oil climbs for third day over Israeli-US war on Iran Oil prices continued to rise for a third consecutive session on Tuesday as the expanding US-Israeli war with Iran and mounting threats to traffic through the Strait of Hormuz intensified concerns over supply disruptions from the Middle East. By early morning on Tuesday, Brent crude was trading at $78. 83 a barrel, up $1.

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