Iran Crisis Pushes Brent to 3-Week High
Oil prices surged during Thursday's trading (August 20), reaching a three-week high driven by concerns that the standoff…
Tag: Crisis
Oil Rises Over 1% as Middle East Crisis Pushes Prices Near Peak
Brent crude climbed approximately 1.3% to US$92.21 per barrel, while WTI rose about 1.8% to US$86.45 per barrel.
Oil Prices Rise Again as Hormuz Crisis Intensifies
The market continues to price in a high risk premium due to uncertainty surrounding US-Iran diplomacy and increasingly…