Oil choppy after U.S. completes Iran strikes following Apache helicopter attack

Motorists drive past an ADNOC Gas a subsidiary of the Abu Dhabi National Oil Company facility in Abu Dhabi on March 3, 2026. Ryan Lim | AFP | Getty Images Oil prices rose on Wednesday after the U.S. launched military strikes against Iran, raising concerns that renewed hostilities could threaten shipping through the Strait of Hormuz. U.S. crude oil futures for July delivery added 0.74% to $88.89 per barrel, paring gains after jumping over 1%. …