Why oil prices rise after US-Iran attacks, Strait of Hormuz concerns and Goldman Sachs $100 warning: Explained
Oil prices rose on Monday as the conflict between the United States and Iran intensified over the weekend, raising concerns that global oil supplies could be disrupted. International benchmark Brent crude climbed to around $77-78 a barrel on Monday. This is about 7% higher than before the war began. Oil prices soared after a new … Read more