Oil prices bounce higher after new US strikes on Iran
▸ Part of: US Strikes Iran Amidst Ceasefire Talks, Oil Prices Rise
Oil prices rose on Thursday following new US strikes on Iran, testing a fragile ceasefire in the Middle East war. Brent crude increased to $95.95 a barrel and WTI to $90.17. Asian stocks mostly fell, with Hong Kong's Hang Seng index down over 1.5 percent. The conflict has disrupted shipping through the Strait of Hormuz, impacting global energy markets and raising concerns about inflation and potential interest rate hikes.
Read full article (3 min read) ›
