⭕️ Oil prices climbed by more than $1 a barrel on Tuesday after US forces struck Iran's Qeshm Island, raising fears of further escalation and disruptions to energy supplies. By 07:44 GMT, US West Texas Intermediate crude had gained $1.60, or 1.66%, to $98.06 a barrel, while Brent crude futures rose $1.84, or 1.76%, to $106.61 a barrel.