8 minutes agoThe Iran war: That's all the price of oil has ever been.
Periskopi(4 months ago)
(4 months ago)The price of crude oil, Brent cudde, reached nearly $11 per barrel, an increase of more than 40 percent since the start of the Iran war. According to the Associated Press, Brent's price rose by 1.6 percent and is now $104.73 per barrel. Meanwhile, the price of American crude oil [...]
According to the Associated Press, Brent's price rose by 1.6 percent and is now $104.73 per barrel.
Meanwhile, the price of American crude oil rose by 1 percent to $99.68 per barrel, marking an increase of almost 50 percent since the start of the war.
According to the research firm Rystad Energy, in just over a week since the closure of the Hormuz Strait, more than 12 million barrels of oil a day have been extracted.
