Crude oil futures rallied 3% or more Wednesday, with Brent breaching $100 bbl for the first time in seven weeks, as Tehran said it had targeted ships near the Strait of Hormuz, expanding the U.S. strategy of striking at commercial...

Crude oil futures extended their rally Wednesday morning, with Brent's front-month contract surpassing the $100 bbl mark for the first time in nearly seven weeks as recent escalations in the U.S.-Iran war stoked supply fears.

Oil prices hit multi-week highs Tuesday, with global crude benchmark Brent nearing the critical $100 bbl mark, after fresh Houthi attacks on Saudi energy facilities forced operations to shut down.

Brent futures advanced to their highest in seven weeks Tuesday morning after fresh Houthi attacks on Saudi energy facilities forced shut operations. WTI's front-month contract touched a 13-week high in early morning trade.

Trump signed an executive order on Friday directing agencies to review cattle and beef policies, but the order makes no immediate policy changes.

Oil futures closed mixed Friday in thin trading activity ahead of the U.S. Labor Day holiday amid a U.S.-Iran hostility escalation and the expectation of tightening global supplies.

Oil prices retreated Friday but remained on track for sharp weekly gains ahead of the Labor Day holiday as renewed U.S.-Iran hostilities sustained fears of prolonged supply disruptions through the Strait of Hormuz.