Oil prices jump after renewed attacks between US, Iran

Politics The Hill By Ryan Mancini 31 Aug 2026 12:29 1 min read
Oil prices jump after renewed attacks between US, Iran

Crude oil prices jumped Monday after the U.S. attacked Iran's Larak Island, prompting Iran to retaliate in the first known military action from either country after weeks of stalemate. Futures for Brent crude, the international benchmark, for September rose 3.4 percent to trade at $91.09 per barrel early Monday morning, after seeing a sharp fall...

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