Oil Surges After US-Iran Clash
By Julian Nabil
Oil prices
Brent crude and US West Texas Intermediate (WTI) crude rose 1.9% to $78.4 and $75.2, respectively, per barrel as of 7:32 am AST Arabia.
Both contracts rose over 3% earlier in the session, reaching five-month highs of $81.4 and $78.4, respectively, before paring back some of those gains.
Oil prices rose after US President Donald Trump announced that American strikes had “obliterated” Iran’s main nuclear...
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