OIL PRICES RISE 6% AMID FEARS OF US-IRAN CEASEFIRE BREAKDOWN
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✍️ Oil prices surged by 6% on Monday due to uncertainty over peace talks between the US and Iran after violent incidents in the Strait of Hormuz.
👉 Oil prices surged by 6% on Monday due to uncertainty over peace talks between the US and Iran. 👉 Tensions escalated after violent incidents in the Strait of Hormuz. 👉 The Brent crude contract increased by $5.10, or 5.64%, to $95.48 per barrel. 👉 The West Texas Intermediate rose by $5.76, or 6.87%, to $89.61 per barrel. 👉 Analysts believe that prices will continue to fall as long as there is no large-scale war.
-- #BobYawger #AbbasAraqchi #IshaqDar #DonaldTrump #UnitedStates #Iran #StraitofHormuz #Paquistão #world
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