Brent September futures fell 0.2% to $69.06 per barrel in Asian trade after prior session's >4% rally.
WTI crude rose 0.2% to $61.65 per barrel while market sentiment remained fragile amid renewed US‑Iran clashes in the Strait of Hormuz.
US President Donald Trump announced “Project Freedom” to escort commercial vessels through the strait, aiming to restore partial shipping flows.
Iranian strikes hit UAE infrastructure, including Fujairah oil terminal, heightening fears of prolonged supply disruptions.