Oil prices open higher as US-Israeli war with Iran continues to disrupt supply
Business
Oil prices open higher as US-Israeli war with Iran continues to disrupt supply
by DZRH News06 April 2026
FILE PHOTO: A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS/Stringer/File Photo
TOKYO, April 6 (Reuters) - Oil prices opened higher on Monday after the Easter holiday weekend as the U.S.-Israeli war with Iran continues to disrupt global oil supply.
Brent crude futures rose $2.4, or 2.2%, to $111.43 a barrel by 2215 GMT. U.S. West Texas Intermediate crude futures gained $3, or 2.7%, to trade at $114.57 per barrel.
U.S. President Donald Trump on Sunday ratcheted up pressure on Iran, threatening in an expletive-laden Easter Sunday social media post to target Iran's power plants and bridges on Tuesday if the strategic Strait of Hormuz is not reopened.
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(Reporting by Katya Golubkova; Editing by Edmund Klamann)
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