Brent rises more than 2% following tit-for-tat strikes by the U.S. and Iran
· cnbc.com
Oil rose Wednesday, as Mideast tensions continue to escalate after the U.S. attacked Iran, while Tehran reportedly struck back at U.S. allies.
STRAIT OF HORMUZ, IRAN - MAY 16: Ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Negotiations between the U.S. and Iran o...