US-Iran war, April 29 -- Oil prices climbed on Wednesday, 29 April, extending their multi-day rally, after reports suggested the US would continue its blockade of Iranian ports, potentially prolonging supply disruptions in the key Middle East producing region.
Brent crude futures for June rose 52 cents, or 0.47%, to $111.78 per barrel, marking an eighth consecutive day of gains. The June contract expires on Thursday, while the more actively traded July contract was up 0.4% at $104.84.
US West Texas Intermediate (WTI) crude for June advanced 57 cents, or 0.57%, to $100.50 per barrel, following a 3.7% jump in the previous session and rising in seven of the past eight days.
Back home, crude oil prices on Multi Commodity Exchange (MCX) wit...
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