New Delhi: Once again, a tense atmosphere in the Middle East prevails following American strikes against military installations in Iran over the past

NEW YORK, May 28 : Oil prices jumped about 2 per cent in early Thursday trading after Reuters reported fresh U.S. strikes overnight on an Iranian military site, escalating tensions even as Washington and Tehran negotiate to end their three-month conflict.Brent crude futures rose $1.90, or 2.02 per cent, to $9

BEIJING, May 28 : Oil prices jumped more than 2 per cent on Thursday after Iran's Revolutionary Guards said they targeted a U.S. airbase in response to a U.S. attack in the port city of Bandar Abbas.Brent crude futures rose $2.34, or 2.48 per cent, to $96.63 a barrel by 0701 GMT, while the more active August