Tensions Keep Rising Between The U.S. And Iran. Oil Prices Are Climbing Further

Oil keeps rising as tensions between the U.S. and Iran flare up.

Oil keeps rising on Tuesday as tensions between the U.S. and Iran continue to flare up.

Brent crude, the international benchmark, climbed almost 2% and hovered around $85 a barrel at 10:39 a.m. ET, while West Texas Intermediate, the U.S. benchmark, rose 1.20% and stood above $79 a barrel at the same time.