Brent crude nears $100 amid tanker attacks and tensions
pre-market1 source ↓written by the desknot a recommendation
- rising
- 4.9%
- per barrel
- $98.7
- per barrel
- $90
Oil prices surged on Thursday, with Brent crude rising 4.9% to around $98.7 per barrel, the highest since late May. This spike follows tanker attacks near Saudi Arabia and escalating US-Iran tensions, raising concerns over potential supply disruptions. The West Texas Intermediate also advanced to approximately $90 per barrel, reflecting similar market sentiments.
Not investment advice. For informational purposes only.