#BrentRisesAbove$90

Will Brent keep rising after breaking above $90 as the U.S.-Iran conflict intensifies again?

The United States and Iran exchanged direct fire again after more than a month, quickly raising risks for shipping in the Strait of Hormuz and causing international oil prices to rise above $90 a barrel once more.

The U.S. military launched airstrikes against two rocket launchers on Iran’s Larak island, marking the first U.S. attack on targets inside Iran since late July.

A spokesperson for the U.S. Central Command, Tim Hawkins, said U.S. forces detected Islamic Revolutionary Guard Corps (IRGC) personnel preparing to launch rockets with anti-personnel mines into the Strait of Hormuz.

The U.S. military had just finished mine-clearing operations on international shipping routes. Washington described the action as a preventive strike to protect commercial shipping.
#WTICrudeBreaksAbove
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