Benchmark crude oil prices surged well over 4% on Thursday on fears of an Israeli strike that could target Iran's oil and gas infrastructure
Benchmark crude oil prices surged well over 4% on Thursday on fears of an Israel i strike that could target Iran ’s oil and gas infrastructure, with Washington attempting to put the brakes on exploding oil prices with assurances that there will be no Israel i strike today. At 1047 a.m. ET on Thursday, Brent crude was trading up 3.83%, slightly tapering its upward trajectory of well over 4% just half an hour prior, sitting at $76.73. The U.S.
And there is nothing going to happen today,' Biden told reporters at the White House on Thursday. Crude oil prices have continued to rise in the aftermath of Iran’s Tuesday attack on Israel, which involved some 200 missiles. Following the missile barrage, Israeli ground troops have clashed with Hezbollah forces in southern Lebanon, with Israeli Prime Minister Benjamin Netanyahu vowing separate revenge on Iran.
Iran Oil Oil Prices Geopolitics Hamas War
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