Oil prices jump most in nearly a year after Iran launches missile attack at Israel

finance.yahoo.com

Oil prices jump most in nearly a year after Iran launches missile attack at Israel

finance.yahoo.com

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World News@lemmy.worldEnglish · 1 month ago

Oil prices spiked on Tuesday after Iran fired over 100 ballistic missiles against Israel, pushing prices to the highest level in nearly one year.

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.

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A gentleman does not bet on a sure thing. They would have claimed it even if there wasn’t any price increase.

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