EnergyHighConfirmedAccelerating
8.1
Oil Surges 9% on US-Iran Attacks, Hormuz Reopening Prospects Fade
Valor Econômico·US · IR·3 days ago
Brent crude rose about 1% on Sunday after the U.S. and Iran traded strikes, raising concerns about potential supply disruptions in the Middle East. The national average gas price is near $4.15/gallon. The market reaction is modest so far, suggesting traders are weighing the risk of escalation against current supply levels.