Oil costs soar after U.S. strikes on Iran elevate fears of provide disruption

Oil costs soar after U.S. strikes on Iran elevate fears of provide disruption

Oil futures jumped more than 2% at the start of the first trading session since the U.S. launched direct attacks against Iran, casting a shadow over the supply outlook in the embattled oil-rich Middle Eastern region. U.S. crude oil on Sunday evening rose $1.76, or 2.38%, to $75.60 per barrel, while global benchmark Brent was … Read more