Oil prices today: Crude falls as Trump pauses attacks on Iranian energy plants; Brent at $105 per barrel
Oil prices are soaring past $100 a barrel as the Middle East conflict nears a month, impacting global supply. Brent crude is trading above $107, while WTI is near $94. Goldman Sachs predicts further increases before a gradual decline. Iran's tightening control over the Strait of Hormuz and potential new fees on ships are key factors driving these price hikes.
Oil prices are soaring past $100 a barrel as the Middle East conflict nears a month, impacting global supply. Brent crude is trading above $107, while WTI is near $94. Goldman Sachs predicts further increases before a gradual decline. Iran's tightening control over the Strait of Hormuz and potential new fees on ships are key factors driving these price hikes. What's Your Reaction?
