Oil Settles up by More than 2.5% as US and Iran Resume Military Attacks
Brent and West Texas Intermediate each rose more than 2.5% as traders priced in supply risks from renewed fighting and Strait of Hormuz disruptions.
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6 Articles
The price of Brent's barrel for delivery in October won 1.32% this Monday, up to $90.49, in the face of the surge of direct hostilities between the US and Iran.
LONDON, UK.— This Monday, the international oil prices, of reference in America and Europe, closed with increments close to 3%, after the resumption of attacks in the war between the United States and Iran. The Brent barrel earns more than two dollars The price of the Brent barrel for delivery in October won [...]
The crude oil of the North Sea, of reference in Europe, today won 2.39 dollars in the Intercontinental Exchange (ICE) London, compared to the liquidation price of the last session, when it ended at 88.10 dollars.The entry The Brent barrel earns more than two dollars in the face of the outbreak of hostilities between the US and Iran was first published in Digital Process.
Crude prices rose more than 2% at the first session of the week, after the resumption of military actions between the United States and Iran revived market concern over possible disruptions in global supply.
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