Home Business News Oil up over 3% as US and Iran trade strikes, raising fears over shaky truce

Oil up over 3% as US and Iran trade strikes, raising fears over shaky truce

Oil up over 3% as US and Iran trade strikes, raising fears over shaky truce

Written By:
Published: July 8, 2026 12:45:08 IST

Add NewsX As A Trusted Source

By Jeslyn Lerh SINGAPORE, July 8 (Reuters) – Oil prices gained more than 3% on Wednesday after Iran and the U.S. military traded airstrikes and Washington reimposed crude sales sanctions on Tehran,

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

RELATED News

SK Hynix to close $28 billion ADR bookbuild on Wednesday after oversubscription, source says

Korean chip stocks flip to losses on lingering AI, memory pricing concerns

Germany could gain from planned U.S. port fees on China-built ships, DIW says

Japan's ruling party plans tighter oversight of disclosures by activist investors

OpenAI gets US approval for broad GPT-5.6 rollout, Axios reports

LATEST NEWS

"Games like this make football greater": Rivaldo lauds Messi's Argentina after dramatic FIFA World Cup win over Egypt

O'Hearn clubs three homers, drives in 10 RBIs to rewrite Pirates history in rout of Braves

CHINA'S MINIMAX PLANS TO LAUNCH 2.7-TRILLION PARAMETER MODEL – THE INFORMATION

Temasek targets big jump in AI investments as value of portfolio hits record high

UK MP slams Pakistan over deadly crackdown in PoJK, urges government to demand accountability

The B2B Marketer's AI Reckoning: Own the Disruption or Fall Behind

FIFA World Cup 2026: David Beckham hails Messi as 'one very special human' after Argentina's win over Egypt

IOC lifting Russia suspension is 'disrespect to the Ukrainian people', Kyiv resident says

REFILE-Singapore's Temasek green portfolio rises 7%, sees uneven climate path

Matt Damon calls 'The Odyssey' the most challenging film of his career

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

QUICK LINKS

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

Group Websites

QUICK LINKS