Oil extends gains after US and Iran strike ships

New Photo - Oil extends gains after US and Iran strike ships

Oil extends gains after US and Iran strike shipsBy Florence Tan and Sam Li Mon, September 7, 2026 at 4:19 AM UTC By Florence Tan and Sam Li SINGAPORE, Sept 7 (Reuters) - Oil prices extended gains on Monday as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz and other areas heightened concerns of a prolonged supply disruption from the Middle East. Brent crude futures climbed 79 cents, or 0.82%, to $97.07 a barrel by 0512 GMT while U.S.

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