
Oil Prices Leap on US Military Option Reports Over Iran Deadlock
Oil prices, including Brent crude, surged by over 7% following reports that the United States is considering military options to resolve its standoff with Iran, particularly concerning the Strait of Hormuz. This geopolitical tension led to a significant increase in global oil benchmarks.
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Iran-US war latest: Oil prices leap as Trump weighs military options over Strait of Hormuz
Trump urged Tehran to ‘get smart soon’ and reach an agreement
By Alisha Rahaman Sarkar and Rachel Dobkin
Read full article →Oil soars past US$125 to new war high on report US considering military options to break Iran deadlock - The Straits Times
Oil soars past US$125 to new war high on report US considering military options to break Iran deadlock The Straits Times
Read full article →Brent oil rises 7% on report US considering military options to break Iran deadlock
Brent oil prices rose as much as 7% on Thursday on a report that the U.S. is considering potential military action against Iran to break the deadlock in negotiations to end the war.
By Abubakar Ibrahim
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