US-Iran tensions push oil prices to six-month high
pre-market1 source ↓written by the desknot a recommendation
- Brent crude exceeding
- ₹71 per barrel
- in a month
- 12% increase
International oil prices have surged to a six-month high, with Brent crude exceeding ₹71 per barrel, reflecting anxiety over potential US military action against Iran. The 12% increase in a month highlights fears of supply disruptions from the Strait of Hormuz, a critical chokepoint for global oil exports. Traders are closely monitoring diplomatic developments for future price movements.
Not investment advice. For informational purposes only.