
Oil Prices Soar to $119 Amid Iran Conflict Standoff
Global oil prices surged, with Brent crude briefly hitting $119 per barrel, as a standoff in the Iran conflict persisted. Reports of an 'extended' Iran blockade and stalled talks contributed to the sharp increase.
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Oil price soars to $119 after reports of 'extended' Iran blockade
The price of crude oil has swung sharply as uncertainty over the war in the Middle East continues.
Read full article →Oil soars above $117 as Iran war stand-off persists
Brent crude rises for eighth consecutive day
Read full article →Iran war: Brent oil briefly hits $119 as talks stall
The price of Brent crude oil has soared as Iran continues to block traffic through the Strait of Hormuz amid a US blockade on its ports. The Pentagon put the cost of war at about $25 billion. Follow DW for the latest.
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