Oil grows amid U.S. Iran strikes
The military escalations between the United States and Iran, including frequent American strikes on Iranian targets in the region, have led to a rise in global oil prices. West Texas Intermediate crude traded at $85.24 per barrel, up by 1.07%, while Brent crude reached $92.19, an increase of 1.30%. This comes after the highest level in five weeks, amid growing concerns over energy supply disruptions in the Strait of Hormuz, one of the most vital oil transit routes in the world.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)