Oil price rises above $115 a barrel amid fears US will renew strikes on Iran
Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres Business live – latest updates Oil has hit its highest level in more than five months as fears of fresh escalation in the Middle East conflict grip the energy markets. Brent crude, the international benchmark for oil, rose by 1% on Friday morning to above $115 a barrel – its highest level since May.
Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres Business live – latest updates Oil has hit its highest level in more than five months as fears of fresh escalation in the Middle East conflict grip the energy markets. Brent crude, the international benchmark for oil, rose by 1% on Friday morning to above $115 a barrel – its highest level since May.
Source: The Guardian — Middle East. Follow the original report for the latest details.
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