Crude oil prices rise 2% amid US-Iran conflict escalation
Crude oil prices surged with Brent crude rising 1.9% to $75.53 per barrel amid escalating US-Iran tensions. The US launched strikes on Iran, raising concerns over potential supply disruptions in the Strait of Hormuz.
pre-market1 source ↓written by the desknot a recommendation
- rose
- 1.9%
- per barrel
- $75.53
- increased
- 2.1%
- per barrel
- $71.87
Crude oil prices surged on Wednesday as tensions escalated between the US and Iran. Brent crude rose 1.9% to $75.53 per barrel, while WTI crude increased 2.1% to $71.87 per barrel. The US conducted strikes on Iran, prompting fears of further supply disruptions in the region. 📈
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