The Guardian Australia – Business
·business
·1 hour ago
Oil prices surge 5% to $95.50 amid US-Iran vessel tensions
Oil prices surged on Monday following the US seizure of an Iranian vessel, with Brent crude rising by 5% to $95.50 a barrel. European markets declined, exemplified by a 0.5% drop in the FTSE 100, as concerns grew over potential disruptions in the strait of Hormuz.
Summary by Glance · The Guardian Australia – Business
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