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Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shock
Oil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic has heightened fears of a supply shock, with Goldman Sachs warning crude could reach $120 if attacks intensify.
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economictimes.indiatimes.com
Crude oil rally nears $100: Will geopolitical risks push prices higher?
Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply remains intact, fears of disruptions in the…
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hindustantimes.com
Why are the US and Iran attacking oil tankers? Could the Strait of Hormuz crisis push oil above $100?
