Oil rebounds after US strikes Iran military site

Oil rebounds after US strikes Iran military site

May 28, 2026   06:53 am

U.S. crude futures rose more than $1 on Thursday to above $90 a barrel after the U.S. ⁠military carried out new strikes on an Iranian military site while peace talks between Washington and Tehran are underway.

West ⁠Texas Intermediate crude futures rose $1.42, or 1.6%, to $90.10 ⁠a barrel by 2328 GMT, after settling ⁠down 5.55% in the ⁠previous session.

Source: Reuters
--Agencies  

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