Oil rallies as Iran warns against U.S. ground invasion
TL;DR Summary
Oil prices rose after Iran warned against a U.S. ground invasion, with Brent up about 2.6% to $115.50 and U.S. crude near $102.61 as tensions in the Middle East threaten shipments via the Strait of Hormuz; Iran’s parliament speaker signaled forces were waiting, and the broader conflict could keep energy prices elevated and pump prices around $3.98 per gallon in the U.S.,
- Oil prices climb after Iran warns against US ground invasion cnn.com
- Oil prices rise as Iran war escalates with Houthi attacks on Israel Axios
- Analysis: A new oil shock is building. The next few weeks of war will be decisive for the economy. CNBC
- Oil on track for record monthly surge as Iran war disrupts markets The Guardian
- Oil Prices Rise Above $100 a Barrel WSJ
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