Oil jumps after Iran strikes on US bases in the Middle East
Crude oil prices jumped on Monday after the U.S. attacked Iran's Larak Island, prompting Iran to retaliate, the first known military action from either country after weeks of stalemate. Futures for Brent crude, the international benchmark, for September rose 3.4 percent to trade at $91.
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National story. 10 articles from 8 sources. 6 are on the bar; 2 are international, entertainment or tech outlets, listed separately. Updated Sep 2, 2026.
Part of The US-Iran war: oil prices, gas prices and the market fallout
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3 sourcesMiddle East live: Oil prices extend gains as US-Iran tensions flare again
Oil prices jump 3% as U.S. and Iran renew military strikes
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2 sourcesOil prices jump 3% to over $90 after US-Iran exchange strikes for first time in a month
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The story so far
2 developments- Aug 31Oil prices jump 3% as U.S. and Iran renew military strikes
- Sep 1Oil Prices Climb as Trump Threatens New Strikes on Iran
Who covered each development
No new developments
Quiet for 47 daysLast development · Sep 1 — Oil Prices Climb as Trump Threatens New Strikes on Iran