The post Brent Crude Oil Price Rises After US Strike on Iran’s Qeshm Island appeared first on Coinpedia Fintech News
Oil prices rose by more than $1 per barrel on Tuesday after US forces struck Iran’s Qeshm Island, raising concerns about further escalation and potential disruptions to energy supplies. Brent crude gained 1.76% to $106.61 per barrel, while US West Texas Intermediate (WTI) rose 1.66% to $98.06. However, the gains followed a sharp 7.6% drop …