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Oil rises after Iran strikes Middle East energy facilities
BEIJING: Oil prices rose on Thursday, with benchmark Brent rising as much as $5 a barrel, after Iran attacked energy facilities across the Middle East following a strike on the South Pars gas field, a major escalation in the war with the US and Israel. Brent futures were up $4.66, or 4.3 percent, at $112.04 a barrel by 07:00 a.m. Saudi time, after an earlier rise of more than $5 to $112.86 a barrel. US West Texas Intermediate crude rose 96 cents, or 1 percent, to $97.28 a barrel, after having risen over $3. Brent closed up 3.8 percent on Wednesday, while WTI settled nearly flat.
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arabnews.com
Oil climbs over 2 percent as Iran war halts supply
Oil prices rose more than 2 percent on Tuesday, reversing some of the previous session’s losses, on worries about supply with the Strait of Hormuz mostly shut and US allies…
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theguardian.com
Oil and gas prices resume rise after Iran attacks production facilities
Brent crude price climbs as operations suspended at Shah gasfield in UAE after Iranian strike
