WTI crude oil hits $100 amid rising tensions
after close1 source ↓written by the desknot a recommendation
- to settle
- $5.16
- per barrel
- $99.64
- for the first
- $100
WTI crude oil surged $5.16 to settle at $99.64 per barrel, briefly touching $100 for the first time since Monday. This rise comes amid escalating tensions following a US-Israeli strike on an Iranian steel plant, prompting Iran to announce a list of targeted steel facilities across the region. ⚡
Key Points:
• WTI crude oil at $100 per barrel
• Iran vows to retaliate against steel plants
• Potential impact on steel and energy markets
Traders should monitor these developments closely, as they may influence market dynamics in both oil and steel sectors.
Not investment advice. For informational purposes only.