Global oil prices rise above $95 a barrel for the first time in 6 weeks as hopes dim for de-escalation of Iran war
Oil prices climbed on Wednesday morning to a six-week high after the U.S. struck Iran for the 11th night in a row, and President Trump warned that the U.S. will bomb Iran's bridges and power plants if Tehran shoots at ships in the Strait of Hormuz.
ExxonMobil and Oil Stocks Rise After Rubio Says Iran 'Not Serious' About Talks
Renewed U.S. strikes on Iran have sent oil prices higher on Wednesday, with shares in energy companies like ExxonMobil gaining as Secretary of State Marco Rubio said Iran was "not serious" about peace talks.
Equinor Hikes Buyback as Earnings Jump on Higher Energy Prices
