Oil prices rally as Middle East attacks persist
TL;DR Summary
Oil prices climbed more than 2% in European trading as the Middle East conflict persisted, with Brent up about 2.5% to $102.42 a barrel and WTI up about 2.8% to $90.67 a barrel. Markets were buoyant on the move despite Iran denying talks with the U.S., contradicting Trump’s claims, and ongoing tensions around supply routes like the Strait of Hormuz.
- Oil prices jump over 2% amid ongoing Middle East attacks Investing.com
- Oil rises with Brent climbing back above $100 as optimism fades over Iran war de-escalation CNBC
- Oil rises as markets assess supply risk after Iran denies US talks Reuters
- More poverty, less travel and fewer jobs: what the world would be like with oil at $200 EL PAÍS English
- Q&A on the Energy Shock Robin J Brooks | Substack
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