Oil Prices Rise for Third Day Amid Iranian and U.S. Strikes

Oil prices continued to climb for the third straight day, driven by pessimism over the chances of the United States and Iran reaching a peace agreement, alongside ongoing Iranian and American strikes in the region.

The Brent crude oil benchmark rose to approximately $97 per barrel, while West Texas Intermediate crude hovered near $95 per barrel after gaining more than 7% during the first two trading sessions of the week.