Oil prices jump by more than 2% after a reported US attack on Iran’s Larak island, according to market-focused reporting. Brent crude futures rise more than $2 a barrel, while US West Texas Intermediate (WTI) also moves higher, reflecting renewed concern about Middle East supply and shipping risks.
Brent crude futures climb by $2.22, or 2.52%, to $90.32 a barrel by 2202 GMT, while WTI increases by $2.01, or 2.41%, to $85.41 a barrel. The outlets covering the move frame the price action as a direct reaction to the incident, with traders pricing in the possibility of escalation or disruption to crude flows from the region. Other context, such as details of the strike or broader policy implications, is not provided in the available excerpts.
No additional, conflicting details are included here, so the emphasis across sources is on the immediate market response and the percentage gains in major benchmarks.