US -Iran war, March 5 -- Oil prices jumped more than 3% on Thursday, extending their rally as the escalating US-Israeli conflict with Iran disrupted crude flows to key importers.

Brent crude climbed $2.65, or 3.26%, to $83.99 per barrel, marking its fifth consecutive session of gains. Meanwhile, US West Texas Intermediate (WTI) crude rose $2.76, or 3.70%, to $77.42.

Crude markets have remained on edge amid persistent supply risks following the Middle East attacks, with particular concern focused on the flow of oil through the Strait of Hormuz.

Iran continued firing missiles at Israel early Thursday, forcing millions of residents to take shelter in bunkers as the conflict entered its sixth day. The attack came only hours after efforts i...