Oil Climbs as U.S.-Iran Attacks Escalate, With Brent Back Above $90

Oil rose above $90 a barrel for the first time in more than a month after the United States and Iran sharply escalated hostilities over the weekend. The escalation deepened a wider conflict across the Middle East and raised concerns about prolonged disruptions to global energy markets. Brent crude climbed back above the $90 level, signaling that traders are pricing a higher risk premium tied to supply and shipping stability. The article links the move directly to the intensification of attacks and the potential for longer-lasting impacts. By surpassing the $90 threshold, the market reflects renewed sensitivity to geopolitical developments affecting crude flows and regional logistics.