Oil prices climbed on Friday, nearing their largest weekly gain since mid-July. Escalating US-Iran tensions raised concerns over potential crude supply disruptions from the Middle East. Fierce clashes between Washington …
Oil prices climbed on Friday, nearing their largest weekly gain since mid-July. Escalating US-Iran tensions raised concerns over potential crude supply disruptions from the Middle East. Fierce clashes between Washington and Tehran have intensified, impacting energy infrastructure worries. Meanwhile, Russian President Putin suggested a path to ending the Ukraine war. Both US and China reportedly support a potential peace settlement.
Source: The Times of India — Top Stories
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- Wire dispatch directly ingested from Times of India.
- Published at Fri, 04 Sep 2026 03:07.
- Source URL: https://timesofindia.indiatimes.com/business/international-business/oil-heads-for-biggest-weekly-gain-since-july-as-middle-east-tensions-flare/articleshow/133750423.cms