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The Siasat Daily

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Oil rebounds nearly 4 pc as US-Iran tensions fuel supply fears

New Delhi: Global oil prices rebounded nearly 4 per cent on Thursday, May 28, after declining sharply in the previous session, as fresh US military strikes on Iran revived concerns over supply disruptions while uncertainty persisted over the future of the Strait of Hormuz. International benchmark Brent crude rose 3.83 per cent to trade at Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

28 May 2026 10:46 am