Thursday, March 5, 2026

Oil settles up around 5% on supply concerns as Iran conflict widens

West Texas Intermediate crude jumped 8.51%, while Brent crude rose 4.93%. Several nations have halted oil and LNG production, with analysts warning of prolonged recovery even after the Strait of Hormuz reopens.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/xPrajGQ

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