Brent climbs on Iran tensions as traders eye $100 oil
TL;DR Summary
Brent crude jumped about 10% to around $80 a barrel as U.S. and Israeli strikes on Iran raised fears of a wider conflict and potential disruption to shipping routes, with analysts warning prices could move toward $100 if tensions persist.
Topics:top-news#brent-crude#business#iran#middle-east-tensions#oil-prices#price-forecast-to-dollar100
- Brent surges after Iran strikes, with analysts eyeing $100 oil (CL1:COM:Commodity) Seeking Alpha
- Oil prices rise more than 2% as US and Iran extend talks Reuters
- Iran Has Huge Oil Reserves. What the U.S. and Israel Military Strike Means for Prices. Barron's
- Hedge Funds Hike Bullish Oil Bets to 22-Month High on Iran Risks Bloomberg
- Oil prices stable as large US crude stock build outshines supply concerns CNBC
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