- September 29, 2026
- Posted by: Tresmark
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Oil prices climbed for a second consecutive session on Tuesday as concerns over potential supply disruptions linked to the US-Iran conflict outweighed signs of a gradual recovery in crude exports from the region.
Brent crude futures rose $1.49, or 1.4%, to $106.77 a barrel by 0326 GMT. US West Texas Intermediate (WTI) crude gained $1.34, or 1.5%, to $93.94 a barrel.
Both benchmarks had ended the previous session nearly $1 higher as markets continued to assess the impact of the conflict on regional oil supplies.
The gains came despite indications that crude exports from parts of the Middle East are beginning to recover, with traders remaining focused on the risk of further disruptions to production and shipments.
