Oil Surges 4% to 5-Month High on Iran Attack Concerns Oil prices climbed about 4% to a five-month high Thursday on rising concerns that global supplies could be disrupted if the U.S. decides to attack Iran, one of OPEC's biggest crude producers. Original Source: https://www.newsmax.com/finance/economy/oil-70-90-barrel/2026/01/29/id/1244088