# Oil prices climb as US-Iran attacks stoke fears of escalation

https://mins.news/en/item/39810

- Al Jazeera, 2026-09-01 06:07 UTC
- Economy
- Original: https://www.aljazeera.com/economy/2026/9/1/oil-prices-climb-as-us-iranian-attacks-stoke-fears-of-escalation?traffic_source=rss

> Oil prices rose after the United States and Iran exchanged fire for the first time in more than a month, raising fears that the Middle East conflict could escalate. Brent crude topped $91 a barrel, while shipping through the Strait of Hormuz remained heavily constrained. A tanker was struck by unidentified projectiles, with no casualties or claim of responsibility reported.

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