First reported by Mailchimp
OPEC+ Approves Further Oil Output Increase
Oil prices jump 2.8% as U.S. launches retaliatory strikes against Iran over Strait of Hormuz attacks
By
Lee Ying Shan
13h ago· 2 min readenNews
Summary
Oil prices surged after the U.S. launched retaliatory strikes against Iran following attacks on commercial vessels in the Strait of Hormuz. West Texas Intermediate crude rose 2.87% to $72.46 per barrel, while Brent crude jumped 2.75% to $76.18 per barrel. The U.S. military warned Iran would face "heavy costs" for targeting commercial shipping, escalating tensions in a region critical to global oil supply.
Source
bskyOil prices jump 2.8% as U.S. launches retaliatory strikes against Iran over Strait of Hormuz attackscnbc.comKey quotes
· 2 pulledThe U.S. military said it had begun a 'series of powerful strikes' against Iran after three commercial vessels transiting the Strait of Hormuz came under attack on Tuesday
warning Tehran would face 'heavy costs' for targeting commercial shipping
Oil prices rose on Wednesday after the U.S. launched fresh strikes on Iran in retaliation for attacks on commercial vessels in the Strait of Hormuz.
You might also wanna read
Oil prices jump 5 percent after Trump says Iran ceasefire over
middleeasteye.net·6h ago
Crude loses cool: Oil prices soar 3% as Middle East tensions flare again
timesofindia.indiatimes.com·13h ago
Oil prices climb as US strikes on Iran fuel fears truce is unravelling
Business Recorder·12h ago
Oil prices rise as attacks revive safety concerns in the Strait of Hormuz
NBC News·21h ago
Oil prices surge as US and Iran return to hostilities
Pravda·3h ago
Oil prices jump more than 2% after US strikes on Iran, while world shares retreat
bowenislandundercurrent.com·6h ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.