Oil resumes climb as West Asia conflict escalates

NAMPA / DPA

2026-03-17

Washington (dpa-AFX) - Oil prices resumed their rise on Tuesday amid fears over constrained supply. Benchmark Brent crude futures jumped 3.3% to $103.48 a barrel while WTI crude futures were up 3.8% at $95.95. Iran has launched a series of attacks on the United Arab Emirates (UAE), targeting Dubai's international airport and the Fujairah oil port, marking a sharp escalation in the ongoing conflict and adding to investor anxiety over energy disrup......

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