WTI oil prices surpass $100 amid Iran conflict
after close1 source ↓written by the desknot a recommendation
- have surged past
- $100 per barrel
- amid ongoing tensions
- $101.53
- reduction in global
- 0.3 percentage point
WTI oil prices have surged past $100 per barrel, reaching $101.53 amid ongoing tensions in Iran. Goldman Sachs warns that this spike could lead to a 0.3 percentage point reduction in global GDP and increased inflation over the next year. The situation remains volatile as the conflict continues to disrupt oil transportation.
Not investment advice. For informational purposes only.