Oil prices breach $100 as Iran-US attacks escalate
Oil prices breach $100 as Iran-US attacks escalate Brent crude futures breached $100 a barrel on Wednesday to settle at their highest close since late May after Iran and the US struck tankers in the biggest wave of attacks on shipping since the war began. Front-month Brent crude futures settled up $3.29, or 3.4%, at $101.21 a barrel, after touching a high of $101.58. U.S. West Texas Intermediate…
We haven't written up this one. Middle East Eye has the full story — the link below goes straight to it.