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Oil prices rise to $96, a six-week high as US-Iran tensions escalate
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Oil prices have risen to a six-week high of $96 per barrel, driven by escalating US-Iran tensions. Brent crude futures rose $1.93, or 2%, to $96 by 0011 GMT, the highest since June 8.
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Oil prices rise to $96, a six-week high as US-Iran tensions escalate
Oil prices rose more than 1.5% to their highest in more than six weeks on Thursday, with the United States launching a new round of strikes on Iran and Yemen's Houthis targeting oil tankers in the Red Sea. Brent crude futures rose $1.93, or 2%, to $96 by 0011 GMT, the highest since June 8.
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