#oil-price-surge

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#energy-market-disruption #iran-conflict #strait-of-hormuz #inflation-concerns
World news
fromwww.npr.org
5 hours ago

Oil prices surge and stocks fall amid fears over Iran war

Global crude oil prices surged 8% and stocks fell as the Iran conflict disrupts energy markets, with Brent crude in the high $70s and potential for $100+ prices if disruptions persist or infrastructure is destroyed.
World news
fromwww.aljazeera.com
10 hours ago

Oil prices rise sharply after US, Israeli attacks on Iran

Brent crude rose 9% to $79.41 amid Middle East tensions, with supply disruptions at the Strait of Hormuz threatening 15 million barrels daily of global oil trade.
fromwww.theguardian.com
1 day ago

Oil price expected to surge as result of US-Israel strikes on Iran

US crude oil is on track to rise by 9% when trading resumes, according to data from the broker IG, after Tehran said on Saturday it had effectively closed the strait of Hormuz, a key oil chokepoint, reportedly prompting the halt of some oil shipments.
World news
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