Oil prices jump nearly 5%, settle at highest since January 2025 on Middle East conflict

CNA - March 3, 2026

Oil prices jump nearly 5%, settle at highest since January 2025 on Middle East conflict

NEW YORK: Oil prices settled up 4.7 per cent on Tuesday (Mar 3), the highest since January 2025, as US-Israel battles with Iran intensified, disrupting energy shipments from the Middle East and stoking fears

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