Crude oil price today: Brent nears $65, WTI tops $60 on Iran unrest, Venezuela tug-of-war
Brent crude rose 1.7% to $64.93 a barrel and WTI climbed 1.7% to $60.52 on Tuesday amid U.S. tariff threats linked to Iran trade and renewed supply risks. Traders watched for U.S. stockpile data and signs of Venezuelan exports resuming. Four Greek-managed tankers were hit by drones in the Black Sea, disrupting Kazakh oil shipments. Iran’s floating crude stockpiles reached up to 170 million barrels.