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Oil prices jump on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes
Oil prices climbed Thursday on worries over a possible escalation in the Middle East conflict as the U.S. reportedly plans to resume strikes against Iran. Brent crude futures rose 1.71% to $110.67 a barrel, while U.S.
AI Summary
Oil prices rose Thursday amid concerns that the Middle East conflict could intensify, with reports that the United States is preparing to resume strikes against Iran. Brent crude futures increased 1.71% to $110.67 a barrel, while U.S. West Texas Intermediate climbed 1.42% to $98.53. The price gains reflect market anxiety over the potential for broader regional escalation.
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