Brent nears $120 as US-Iran hostilities escalate, Hormuz attacks rise
Published 12 h ago6 sourcesEvidence: Reported
Unverified claims of an imminent attack on Iran, with troops gathering and a temporary bombing scenario discussed in intelligence circles. Oil prices have surged to $114, with Brent closing above $100 since October 1, and diesel prices have spiked dramatically since January, indicating market stress. The report is speculative and lacks official confirmation, but the oil price surge suggests heightened geopolitical risk.
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