Reported 2 days ago
Oil prices experienced a significant increase on Friday after the Israeli Defense Forces conducted extensive strikes on Iran's nuclear facilities and military leaders. U.S. West Texas Intermediate rose by approximately 6% to $72 per barrel, while global benchmark Brent crude saw a jump of up to 10%, reaching its highest point since January. Market analysts express concern over potential Iranian retaliation, which could disrupt oil supplies and further escalate tensions in the region.
Source: YAHOO