The Guardian Australia – Business
·business
·1 hour ago
Oil surges past $100 barrel after US strikes on Iran escalate tensions
Oil touched $100 a barrel Tuesday after US strikes on Iran dashed peace hopes, with Brent crude subsequently easing to $99. Experts warn the global energy market may have passed a "point of no return" as weeks of disruption have eroded crude stockpiles while summer demand rises.
Summary by Glance · The Guardian Australia – Business
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