US EditionOil Price Rockets as Iran Ramps up Strikes
8 Articles
8 Articles
Oil price rockets as Iran ramps up strikes
Oil surged more than five percent Thursday and stocks sank as Iran carried out a series of attacks on Gulf energy facilities and warned of more following a strike on one of its key gas fields, while warnings of higher US inflation also soured the mood.
Buenos Aires, 19 March (NA) – Oil and gas prices are skyrocketing on Thursday, impacting on international markets, which are experiencing widespread declines in the face of the upsurge in the Middle East war. As the Argentine News Agency learned, in the last few hours the values of energy raw materials were revalued after successive attacks on oil and gas infrastructures, marking a new escalation in the conflict that has already taken more than …
Oil prices are soaring following another escalation in the Middle East. Iranian attacks on energy infrastructure in the region have sparked concerns about global oil supplies and rattled markets once again.
Oil prices surge as Trump threatens to 'blow up' Iran energy site
The surging price of oil and gas rocked markets this morning as tensions across the Middle East continued to spike fears of an energy crisis. Brent crude – the international benchmark for oil – hit $113 this morning, one of the highest levels since the conflict broke out three weeks ago. Meanwhile the price of UK wholesale gas spiked over 25 per cent to 175p a therm, hitting the highest level since August 2022. It follows attacks from Iran on th…
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