Oil prices rebound as Brent surpasses $110 amid Iran tensions
pre-market1 source ↓written by the desknot a recommendation
- rising
- 4.3%
- per barrel
- $112.60
- increased
- 5%
- $99.28
Oil prices surged on Friday, with Brent crude rising 4.3% to $112.60 per barrel, while WTI increased 5% to $99.28. This rebound follows escalating tensions in Iran, where Israeli strikes on key infrastructure have heightened market concerns. The ongoing conflict may impact energy supply dynamics, influencing trader sentiment in the sector.
Not investment advice. For informational purposes only.