Global crude prices rose to Sh12,943 a barrel as fighting between the United States and Iran intensified, according to the Eastleigh Voice. The report says the surge has heightened concern in Kenya that petrol, diesel and kerosene could become more expensive when the Energy and Petroleum Regulatory Authority announces its next monthly pump price review on September 14.

Brent crude oil has risen above $100 a barrel as the conflict between the United States and Iran shows little sign of abating, according to Moneyweb. The benchmark is up more than 60% this year and is now trading above $100 for the third time this year. The report links the sustained price surge to ongoing geopolitical tensions stemming from the US-Iran war, which continues to unsettle global energy markets.

Oil prices climbed to six-week highs amid escalating military exchanges between the United States and Iran in the Strait of Hormuz, according to Al Jazeera. The strikes have disrupted maritime traffic through the waterway, a critical chokepoint for global oil shipments. The reported surge in prices reflects market concerns over potential supply interruptions, as a significant share of the world's crude oil passes through the strait. The situation remains fluid as tensions between Washington and Tehran intensify.

Nigeria is set for a significant oil revenue windfall as escalating hostilities between the United States and Iran push crude prices above $100 per barrel, according to Vanguard. However, the country also faces renewed pressure on domestic fuel prices, inflation and operating costs. Latest market data showed the Organisation of Petroleum Exporting Countries Basket, which includes Nigeria's crude grades, trading above the $100 mark, highlighting both the fiscal opportunities and economic risks for Africa's largest oil producer.

Oil prices moved closer to $100 a barrel following an escalation in tit-for-tat strikes between the United States and Iran, according to the BBC. The US reportedly struck Iranian oil tankers, while Tehran targeted an American base in Jordan. The exchange marks a significant intensification of hostilities between the two countries, with global energy markets reacting to fears of supply disruption in the region.

Global crude oil prices are moving toward $100 per barrel as renewed fighting in the Middle East intensifies concerns about possible supply disruptions, according to Punch. The report links the upward pressure on crude to heightened geopolitical risk in a key producing region, with traders watching for signs that exports or infrastructure could be affected. No specific benchmark, production outage, or casualty details were provided in the feed.