https://www.live-feeds.com/feed/oil-rises-as-renewed-u-s-iran-strikes-reignite-middle-east-supply-fearsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-rises-as-renewed-u-s-iran-strikes-reignite-middle-east-supply-fearshttps://www.live-feeds.com/feed/oil-rises-as-renewed-u-s-iran-strikes-reignite-middle-east-supply-fears#u24799Sat, 04 Jul 2026 18:35:42 +0000Oil prices increased following a series of tit-for-tat strikes between the U.S. and Iran over the weekend. The conflict disrupted shipping through the Strait of Hormuz and sparked global supply fears. Brent crude futures rose to US$72.57 a barrel.What's confirmed:Brent crude futures climbed 58 cents, or 0.8%, to US$72.57 a barrel.U.S. West Texas Intermediate crude rose 88 cents, or 1.3%, to $70.11 a barrel.Renewed strikes between the U.S. and Iran disrupted shipping flows through the Strait of Hormuz.The U.S. and Iran agreed to halt attacks and renew talks.Still unconfirmed:Iran launched new s