Oil prices rise as US-Iran tensions escalate
after close1 source ↓written by the desknot a recommendation
- per barrel
- $103.35
- $91.40
- on Wednesday
- 2% drop
Oil prices increased on Thursday, with Brent crude up 1.1% to $103.35 per barrel and WTI crude rising 1.2% to $91.40. This rebound follows a 2% drop on Wednesday as traders navigate uncertainty amid US-Iran tensions. Iran's foreign minister indicated no immediate negotiations, adding to market volatility.
Not investment advice. For informational purposes only.