US oil prices up nearly $3 as Middle East crisis constrains supply

WTI crude rose $2.90 (+3.5%) to $86.33 in early trade as Gulf supplies remain constrained amid U.S. and Israeli actions against Iran. The move reflects tightened physical supply risk from the region and adds near-term price volatility for oil markets.

Analysis

WTI crude rose $2.90 (+3.5%) to $86.33 in early trade as Gulf supplies remain constrained amid U.S. and Israeli actions against Iran. The move reflects tightened physical supply risk from the region and adds near-term price volatility for oil markets.