US-Iran Conflict Reignites, International Oil Prices Rise for Third Consecutive Day
Renewed attacks between the US and Iran have cast doubt on the prospects for a peace agreement to reopen the Strait of Hormuz, pushing international oil prices up for a third straight day. NYMEX West Texas Intermediate crude for July delivery rose 2.4% to settle at $96.02 per barrel, while London Brent crude for August delivery gained 1.9% to close at $97.81 per barrel.
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- 📰 Published: June 4, 2026 at 05:54
- 🔍 Collected: June 4, 2026 at 06:07 (13 min after Published)
- 🤖 AI Analyzed: June 6, 2026 at 16:20 (58h 13m after Collected)
(CNA, New York, 3rd) Renewed mutual attacks between the United States and Iran have cast doubt on the prospects for a peace agreement to reopen the Strait of Hormuz, leading international oil prices to rise for a third consecutive day today.
On the New York Mercantile Exchange, West Texas Intermediate crude for July delivery rose 2.4% to settle at $96.02 per barrel.
London Brent crude for August delivery rose 1.9% to close at $97.81 per barrel. (Editor: Chen Zhengjian) 1150604
On the New York Mercantile Exchange, West Texas Intermediate crude for July delivery rose 2.4% to settle at $96.02 per barrel.
London Brent crude for August delivery rose 1.9% to close at $97.81 per barrel. (Editor: Chen Zhengjian) 1150604