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Brent crude rises to $84 amid US-Iranian conflict

March 4, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Brent crude rises to $84 amid US-Iranian conflict

Oil prices rose three percent on Wednesday as regional supplies were disrupted due to the US-Israeli war on Iran, but the pace of gains slowed compared to the previous two sessions following US President Donald Trump's remarks about the possibility of the US Navy escorting ships through the Strait of Hormuz. According to trading data, Brent crude rose by $2.67 or 2.17% to $83.74 per barrel by 08:56 GMT, after reaching its highest level since January 2025 yesterday. Read the full content on Echourouk Online.

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