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Politics
Brent rises above $108 amid ongoing tensions
April 28, 2026
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Posted 3 hours ago by
Brent rises above 108 amid ongoing tensions Oil prices edged higher as efforts to resolve tensions between the United States and Iran remained stalled, with Brent crude rising to about 108.68 a barrel. The benchmark has now recorded a seventh consecutive session of gains, reflecting ongoing concerns over supply disruptions. US West Texas Intermediate crude also climbed to around 96.96, extending earlier increases as uncertainty persists around the Strait of Hormuz.
Analysts say limited shipments and the lack of diplomatic progress continue to support higher prices.
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