Oil prices jump as Iran war threatens shipping through strait of Hormuz

Brent crude rose by 13% during early trading and stock markets came under pressure as US-Israeli strikes on Iran raised fears of disruptionOil prices soared and stock markets came under pressure on Monday after intense US-Israeli strikes on Iran prompted fears of significant global economic disruption.Brent crude jumped by as much as 13% during early trading – to hit $82 per barrel, a 14-month high – as the effective closure of the strait of Hormuz, one of the most important arteries for global trade, intensified concerns over oil supplies. Continue reading...


9 d.
Economics
ID: 8357268416106992753


Similar News expand_more


Economics
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Crime
Economics
Economics
Military
Military
Military
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Weather
Economics
Economics
Economics
Military
Economics
Economics
Economics
Economics
Economics
Economics
Economics
Weather
Economics
Economics
Economics
Weather
Economics
Economics
Economics
Popular countries based on strong economic and political relations

Add Watch Country

arrow_drop_down