U.S. Crude Tops $90 as Iran Retaliates with Strikes on Kuwait, Jordan and Bahrain
7 Articles
7 Articles
In a session marked by volatility in the energy market, future oil contracts closed high and recorded the third consecutive day of valuation, with the global reference, the Brent, above the US$95 per barrel. The United States and Iran continued the hostilities started on the weekend and marked the largest exchange of attacks since July. The Brent oil with delivery for November closed at a high of 1.04%, quoted at US$95.63 per barrel in Nymex. Th…
New dangerous escalation in the Middle East after US strikes on Iran and the bombing of a wedding reception – Tehran responded with attacks on Jordan, Kuwait, Bahrain, Iraq and the United Arab Emirates, warning of a "new strategy" against the US – The Strait of Hormuz is back in focus, with Brent above $90 a barrel
In the largest armed confrontation since July, U.S. forces attacked military targets on the southern coast of Iran, which fired missiles and drones at U.S. bases in Bahrain, Jordan, Kuwait and Iraq with the goal of expelling troops from the Middle East.
On Monday, Iran launched an attack on two American bases in Jordan, in retaliation for the U.S. offensive against Larak Island The post Oil Brent rises more than 2% following escalation of tensions in the Middle East appeared first on InfoMoney.
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
