U.S.-IRAN TENSIONS RAISE GLOBAL CONCERNS
September 3, 2026 Tensions between the United States and Iran have intensified, creating fresh concerns about regional security, global energy supplies and Iran's already pressured economy. The latest escalation comes after renewed U.S. strikes against Iran and further Iranian attacks on U.S.-linked targets in the region. The confrontation has increased uncertainty across the Middle East while governments, businesses and financial markets watch closely for signs that the conflict could spread. The developments are also having an immediate impact on global oil markets. OIL PRICES RISE AS TENSIONS GROW Oil prices climbed on Thursday as investors assessed the potential consequences of continued military action between Washington and Tehran. Brent crude rose to around $95.78 per barrel , while U.S. West Texas Intermediate crude reached approximately $91.64 per barrel , according to Reuters. Both benchmarks were heading toward their fourth consecutive daily gain and r...