EnergyHighPartialAccelerating
7.3
Brent Nears $100 as Hormuz Tensions Escalate
Capital.grLO·IR · AE · SA·1 day ago
Brent crude rose 0.75% to $97.00 per barrel, approaching the $100 mark, amid new attacks in Iran that heighten supply disruption risks. The escalation in the region threatens key oil infrastructure, though the specific targets and extent of damage remain unclear. This development reinforces upward pressure on oil prices, with potential implications for global inflation and growth.
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