Oil Prices Climb over $100 per Barrel as US War in Iran Continues
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World oil prices rose more than 8% this week, at one point exceeding $100 per barrel, due to tensions with Iran and the growing risk of supply disruptions through the Strait of Hormuz. US diesel prices surpassed $6 per gallon for the first time. World oil prices surged more than 6%, WTI oil exceeding $100 per barrel. Gold is heading for a consecutive weekly decline ahead of US inflation data release.
Oil prices climb over $100 per barrel as US war in Iran continues
(LONDON) - The global price of oil topped $100 a barrel on Wednesday for the first time since July, as continued tensions between Iran and the United States added to uncertainty over future supply. The rise followed a statement on Tuesday by U.S. Central Command, [...]
Oil again exceeded $100 this Wednesday (9), in the midst of the escalation of tensions in the Middle East. It is the first time since July that the commodity reaches this level. Brent type oil, an international reference, climbed two comma six three percent, quoted at $100.50 per barrel.
CHOCHILINO Oil hits $100 a barrel for first time since July after flare up in US-Iran conflict %
The US military’s Central Command (Centcom) said early on Wednesday that its latest strikes destroyed four Iranian oil tankers linked to Iran’s Islamic Revolution Guard Corps (IRGC) in the Gulf of Oman – Kaviz, Charminar, Horizon 1 and Riesco – and a fifth tanker – Derya – near Kharg Island, in the northern Gulf, which …
The oil price has risen above the 100 dollar per barrel mark for the first time since July 24. Which stocks are benefiting from the rise? And who is paying the biggest toll?
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