Reported about 9 hours ago
Oil prices have shown volatility as investors remain cautious regarding President Trump's potential military involvement in the escalating conflict between Israel and Iran. Brent crude is trading near $77 per barrel, reflecting increased concern over geopolitical risks, particularly around the critical Strait of Hormuz. While Trump has hinted at possible military action, senior US officials are still assessing the situation, with some analysts estimating a $10 geopolitical risk premium on oil prices.
Source: YAHOO