Oil Surges As Iran War Fuels Turmoil in Energy Markets

Source: Bloomberg Politics · Bias: Center

Summary

Oil prices soared, with the global Brent benchmark climbing as high as $119.50 a barrel before paring gains. Reports that G-7 finance ministers will hold a call later Monday to discuss a possible joint release of oil reserves helped curb the rally. (Source: Bloomberg)

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Oil Surges As Iran War Fuels Turmoil in Energy Markets
Bloomberg Politics

Oil Surges As Iran War Fuels Turmoil in Energy Markets

Center

Oil prices soared, with the global Brent benchmark climbing as high as $119.50 a barrel before paring gains. Reports that G-7 finance ministers will hold a call later Monday to discuss a possible joint release of oil reserves helped curb the rally. (Source: Bloomberg)