Crude heads for biggest weekly gain in months amid intensifying Middle East crisis
Brent crude rose to $85.34 and WTI crude to $80.08 per barrel amid escalating US-Iran military tensions.
US Central Command launched strikes to further degrade Iranian military capabilities, including attacks near Tehran and Semnan province.
Iran retaliated with missile and drone attacks against US regional allies, warning its military response could widen.
Renewed hostilities revived fears of a broader conflict and threats to the Strait of Hormuz, a key shipping route.
Oil benchmarks are on track for their biggest weekly gains since April, rising over 11%.
Story angle
Center-right
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Times of India
Center-right
Mixed factuality
Who owns this?
Times Group
Bennett, Coleman & Co. (Sahu Jain family)
India's largest newspaper group by circulation.
Wikipedia: Sahu Jain family