🛢️ BREAKING: OIL PRICES PUMP AFTER RISING U.S.–IRAN CONFLICT TENSIONS:
Global oil prices surged sharply as markets reacted to escalating tensions between the United States and Iran, with traders pricing in the risk of a broader conflict that could disrupt supply from the Middle East. Brent crude and U.S. benchmark West Texas Intermediate both climbed significantly, hitting multi-week highs on fears that military action or instability around strategic oil routes — including the Strait of Hormuz — could tighten global supply. The jump comes amid stalled diplomatic talks and increased military posturing from both sides. �
reuters.com +1
Stay tuned for updates as the situation develops.
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