9 Hrs
Source:
البلاد
Iran threats lift oil prices
Brent crude jumped 5.6% in Thursday trading, rising from a session low of $91.20 to around $96.26 a barrel. Gains accelerated after US President Donald Trump threatened to use military force against Iran, stoking fears of renewed military operations and disruption to shipping and energy supplies through the Strait of Hormuz, amid ongoing attacks on oil tankers and rising insurance and freight costs.
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