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Oil prices surge as US-Iran strikes heighten supply fears

2 September 2026 at 09:09

NEW YORK: Oil prices climbed in early trading Wednesday, building on the previous session’s sharp gains, as overnight military exchanges between the United States and Iran escalated tensions in the Middle East and revived fears of supply disruptions through a critical global shipping chokepoint. Brent crude futures rose $1.03, or 1.1%, to $95.68 a barrel ... Read more

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US strike on Iranian wedding kills 4, including child, Red Crescent says

2 September 2026 at 06:18

TEHRAN: A U.S. missile strike hit a residential home hosting a wedding celebration in southern Iran on Tuesday, killing four people including a child and wounding more than 50 others, the Iranian Red Crescent said. Shrapnel from the attack struck the home in the city of Kuhestak, in Sirik county of Hormozgan province, where a ... Read more

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