US strikes escalate tensions, oil prices rise sharply
after close1 source ↓written by the desknot a recommendation
- prompting
- 2% rise in oil prices
- a barrel
- $85
- benchmark crude approached
- $80
The US military has conducted its third consecutive night of strikes in Iran, prompting a 2% rise in oil prices. Brent crude reached nearly $85 a barrel, while US benchmark crude approached $80. The UAE reported Iranian missiles struck oil tankers in the Strait of Hormuz, raising concerns over energy supply disruptions. ⚡
Not investment advice. For informational purposes only.