Oil up nearly 1% as US and Iran trade fresh strikes
- Posted on September 2, 2026
- By Business News Today
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- 1 min read
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Oil up nearly 1% as US and Iran trade fresh strikes
Brent crude futures rose 87 cents, or 0.92%, to $95.52 a barrel by 0008 GMT, while U.S. West Texas Intermediate crude futures climbed 80 cents, or 0.89%, to $91.02. Both contracts soared more than $4 on Tuesday, marking Brent's largest gain since July 24 and WTI's largest since July 23.
