Crude prices surge on fears of escalating Iran conflict
Crude prices surge on fears of escalating Iran conflict Oil prices rose sharply after US President Donald Trump rejected Iran’s response to Washington’s proposal aimed at ending the war, raising concerns about further escalation in the region. The gains also reflected fears over possible disruption to energy supplies and shipping routes linked to the Strait of Hormuz. The international benchmark, Brent crude, rose 2.69 percent to $104.01 a barrel by 23...
Original Source
Read the full article at Middleeasteye →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.