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Home›Commodities›Energy›Brent rises above $90 after renewed U.S.-Iran fighting

Brent rises above $90 after renewed U.S.-Iran fighting

The move marks the first reported U.S. and Iran exchange of fire in about a month, driving the oil price jump.

Reported · Written up by our desk · Energy

Brent crude climbed above $90 on Monday after the United States and Iran exchanged fire for the first time in about a month, MarketWatch reports.

The renewed fighting boosted oil prices as investors reacted to heightened geopolitical risk tied to the region's energy supply.

Latest closeWTI crude $97.01 ▲4.3%|Brent $102.05 ▲4.2%

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Sources

MarketWatchBrent oil tops $90 after first U.S. and Iran fighting in a month
MarketWatchBrent oil tops $90 after first U.S. and Iran fighting in a month

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