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Brent crude nears $100 as new attacks on Iran stoke supply fears

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.

InfoMoney1 day agoIR, GBCredibility 47%View source

Score Breakdown

Mosaic Score9.0
Confidence0.5
Significance0.8
Source credibility0.5

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Iran

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