India, June 29 -- Global crude oil prices moved higher on Monday after renewed military strikes involving the United States and Iran revived concerns over potential disruptions to oil supplies from the Middle East. The fresh escalation around the Strait of Hormuz-a key global oil shipping route-lifted both Brent and WTI crude prices as traders weighed the risk of supply interruptions. The gains come after oil prices posted sharp declines last week, with easing geopolitical tensions and improving shipping activity briefly calming energy markets. However, the latest military developments have once again shifted market sentiment toward supply security.

Brent Crude Oil Price Today (June 29)

International benchmark Brent crude rose 0.36% to ...