Brent crude prices climbed to $84.80 per barrel, marking a 1.8% gain and reaching the highest level in four weeks.
The move was driven by reports that the United States has reimposed a naval blockade on Iran, escalating tensions in a critical global energy chokepoint.
The repricing reflects immediate market concern over potential supply disruptions in the Strait of Hormuz.
Traders are weighing the risk of restricted tanker flows against current supply levels, with the blockade serving as a fresh catalyst for energy sector volatility.
In precious metals, spot gold also found support, recovering from a two-week low.
The metal had previously bounced back from $3,983.29 to trade near $4,023.77 per ounce.