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Oil prices jump over 2% after US-Iran direct conflict re-ignites after a month of pause

Times of India - Business
Times of India - Business
by Shivanghi Payal
Aug 31, 2026 · 7:43 AM
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Oil prices jump over 2% after US-Iran direct conflict re-ignites after a month of pause
Following a U.S. military strike on Iranian launchers in the strategic Strait of Hormuz, oil prices have surged. In retaliation, Iran launched attacks on two U.S. air bases in Jordan. Jordan's military successfully intercepted eight missiles aimed at its territory early Monday, escalating the ongoin…
Times of India - Business
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