BRENT — US-Iran conflict intensifies with fresh strikes; Brent crude tops $90 per barrel

The United States conducted a new wave of airstrikes against Iran following the death of another American service member in Iraq. Iran retaliated with attacks targeting US military assets in Bahrain and Kuwait, pushing the two nations closer to a wider war. The escalating conflict has driven benchmark Brent crude oil prices above $90 a barrel, heightening concerns over global energy security and inflation.