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Oil price reverses gains, falls 0.8% despite escalating US-Iran hostilities
Global oil prices eased by 0.82 per cent to $84.24 per barrel on Wednesday as investors took profits after the previous day’s sharp rally, although renewed military confrontation and escalating rhetoric between the United States and Iran continued to underpin fears of disruptions to global crude supplies.
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vanguardngr.com
Oil jumps 4% to $79 per barrel as US-Iran tensions escalate
By Obas Esiedesa, Abuja Global oil prices climbed by more than four per cent on Monday, with Brent crude rising to about $79 per barrel, as renewed hostilities between the United…
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Oil price jumps 14% to $84 per barrel as US-Iran ceasefire collapses
Global oil prices surged by 14 per cent to almost $85 per barrel yesterday as the escalating conflict between the United States and Iran intensified fears of prolonged disruptions…
