US expands strikes on Iran, oil prices surge past $90
after close1 source ↓written by the desknot a recommendation
- due to fears
- $90 per barrel
The US has intensified its aerial offensive against Iran, targeting military sites including a nuclear power plant. In retaliation, Iran has struck Bahrain and Kuwait, escalating tensions in the region. As a result, oil prices have surged past $90 per barrel due to fears of disrupted supply in the Strait of Hormuz ⚓.
• US strikes hit Tabriz and Bushehr
• Iran retaliates against Bahrain and Kuwait
• Shipping in the strait has slowed significantly
This escalation may lead to increased volatility in oil markets and impact global supply chains.
Not investment advice. For informational purposes only.