Oil jumps over $6 on Iran report of halted US-Tehran exchanges, Hormuz blockade risk

Brent futures rose $6.02 or 6.6% at $97.14 a barrel at 1002 a.m. ET (1402 GMT) while U.S. crude futures rose $6.68 or 7.7% to $94.04 a barrel

Published: June 1, 2026 2:54 pm

Source: Moneycontrol.com — Read original