Oil prices rise amid US advisory on Iran tensions
after close1 source ↓written by the desknot a recommendation
- Brent crude rose
- 1.3%
- per barrel
- $68.94
- $64.38
Oil prices increased over 1% following a U.S. advisory urging vessels to avoid Iranian territory in the Strait of Hormuz. Brent crude rose 1.3% to $68.94 per barrel, while U.S. West Texas Intermediate also gained 1.3% to $64.38. This advisory raises concerns over potential oil supply disruptions due to escalating tensions. ⚡
Not investment advice. For informational purposes only.