Global oil prices rise above $95 a barrel for the first time in 6 weeks as hopes dim for de-escalation of Iran war
Oil prices climbed on Wednesday morning to a six-week high after the U.S. struck Iran for the 11th night in a row, and President Trump warned that the U.S. will bomb Iran’s bridges and power plants if Tehran shoots at ships in the Strait of Hormuz.
Oil prices climbed on Wednesday morning to a six-week high after the U.S. struck Iran for the 11th night in a row, and President Trump warned that the U.S. will bomb Iran’s bridges and power plants if Tehran shoots at ships in the Strait of Hormuz. This story matters for Finance & Markets readers tracking currency. Reported by marketwatch.com. Read the full original at the source link below.
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