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Oil prices jump 2% after UAE nuclear plant attack amid 80-day Hormuz closure

Oil prices surged over 2% on Monday, driven by escalating Middle East tensions and stalled de-escalation efforts. Reports of a nuclear power plant attack and potential US military options against Iran further unsettled markets. Both Brent and WTI crude saw significant gains, cont

First seen · 1:58 AM UTCMay 18, 2026

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Oil prices jump 2% after UAE nuclear plant attack amid 80-day Hormuz closureOil prices surged over 2% on Monday, driven by escalating Middle East tensions and stalled de-escalation efforts. Reports of a nuclear power plant attack and potential US military options against Iran further unsettled markets. Both Brent and WTI crude saw significant gains, cont
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