3 hours agoOil prices reach the highest level since 2022
Periskopi(2 months ago)
(2 months ago)Oil prices rose to the highest level since 2022, following a report that the US Army will brief President Donald Trump on new plans for possible actions in the Iran war. The gross Brent oil rose by almost 7% to more than $126 (94 pounds) for [...]
The gross Brent oil rose by almost 7% to more than $126 (94 pounds) per barrel in a moment before it fell again, writes BBC.
The American Central Command has prepared a plan for a wave of short and powerful “attacks on Iran to try to break the deadlock in negotiations with Tehran, the Axios news page reported.
BBC has contacted the American Central Command and the White House for comment.
Energy prices have risen this week, while peace talks appear to have stalled, with the main channel of Hormuz Strait still virtually closed.
About 20% of liquid oil and natural gas (LNG) in the world usually passes through the straits, and the conflict has increased global energy prices. /Periscope
