Oil prices spiked on Tuesday after Iran fired a series of ballistic missiles at Israel, pushing prices to the highest level in nearly one year.

West Texas Intermediate (CL=F) rose more than 5% to trade just below $72 per barrel. Brent (BZ=F), the international benchmark price, also climbed roughly 5% to hover firmly above $75 per barrel.

  • ironhydroxide@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    17
    arrow-down
    1
    ·
    1 month ago

    $10 says a large number of Trump voters will claim the dock workers strike is the sole cause of the increase, and blame Biden for not forcing them back to work.