Oil rebounds after US strikes Iran military site
SINGAPORE - U.S. crude futures rose more than $1 on Thursday to above $90 a barrel after the U.S. military carried out new strikes on an Iranian military site while peace talks between Washington and Tehran are underway.
West Texas Intermediate crude futures rose $1.42, or 1.6%, to $90.10 a barrel by 2328 GMT, after settling down 5.55% in the previous session.
(Reporting by Florence Tan; Editing by Muralikumar Anantharaman)
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This story was originally published May 27, 2026 at 7:44 PM.