Urgent: Oil jumps by more than 5% as U.S.-Iran confrontation flares
Oil prices rose by more than 5% during Monday trading, as concerns continued about the safety of energy shipments transiting the Strait of Hormuz, amid a new round of military strikes exchanged between the United States and Iran—strongly reintroducing geopolitical risks into global energy markets.
Brent crude futures increased by about 4.92%, to reach $79.76 per barrel by 08:48 a.m. Riyadh time, while U.S. West Texas Intermediate (WTI) crude rose by 5.06% to $75 per barrel.#BinanceTurns9 #金价下跌 #BitcoinETFsSnapEightWeekOutflowStreak #ARBDropsAbout6% #KospiFallsNearly5%Intraday $XAU
Oil prices rose by more than 5% during Monday trading, as concerns continued about the safety of energy shipments transiting the Strait of Hormuz, amid a new round of military strikes exchanged between the United States and Iran—strongly reintroducing geopolitical risks into global energy markets.
Brent crude futures increased by about 4.92%, to reach $79.76 per barrel by 08:48 a.m. Riyadh time, while U.S. West Texas Intermediate (WTI) crude rose by 5.06% to $75 per barrel.#BinanceTurns9 #金价下跌 #BitcoinETFsSnapEightWeekOutflowStreak #ARBDropsAbout6% #KospiFallsNearly5%Intraday $XAU
