Oil Prices Climb Above $106 as Iran Threatens More Tanker Attacks
Crude oil prices moved higher earlier today, after Iranian officials told Reuters the country’s forces were planning to further intensify strikes on tankers in the Strait of Hormuz, deploying new tactics. Brent crude was trading at $106.37 per barrel, and West Texas Intermediate was trading at $94.7
Crude oil prices moved higher earlier today, after Iranian officials told Reuters the country’s forces were planning to further intensify strikes on tankers in the Strait of Hormuz, deploying new tactics. Brent crude was trading at $106.37 per barrel, and West Texas Intermediate was trading at $94.72 per barrel, with the news that Israel’s Benjamin Netanyahu had asked Trump to start bombing Iran again likely to also contribute to the price rise. Israeli media reported earlier today that Netanyahu had last week urged Trump to restart…
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