Pakistan, May 28 -- Oil prices rose on Thursday after renewed US strikes on Iran intensified concerns over supply disruptions in the Middle East. The developments added fresh uncertainty to global energy markets already unsettled by ongoing conflict and fragile ceasefire conditions. Investors reacted to fears of further disruptions in the Strait of Hormuz, a key global shipping route.

Brent crude increased by 1.8 percent to $95.95 per barrel, while US West Texas Intermediate rose 1.7 percent to $90.17. The gains reversed part of the previous session's decline, when markets had briefly eased on hopes of a possible diplomatic breakthrough. Analysts said price movements remain highly sensitive to geopolitical headlines.

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