Brent crude oil tops $100 on concerns over Iran attacks on shipping

Source: The Hill News · Bias: Center

Summary

Crude oil prices eased slightly on Thursday morning after briefly climbing above $100 overnight, as Iran moves to strengthen its hold over the Strait of Hormuz in an attempt to ramp up economic pain amid the ongoing war. Brent crude oil, the international benchmark, was trading about 4.7 percent higher at about $98 per barrel…

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Brent crude oil tops $100 on concerns over Iran attacks on shipping
The Hill News

Brent crude oil tops $100 on concerns over Iran attacks on shipping

Center

Crude oil prices eased slightly on Thursday morning after briefly climbing above $100 overnight, as Iran moves to strengthen its hold over the Strait of Hormuz in an attempt to ramp up economic pain amid the ongoing war. Brent crude oil, the international benchmark, was trading about 4.7 percent higher at about $98 per barrel…