Crude oil prices spike near $120 a barrel as war threatens supplies
Oil Shockwaves: How the Iran War is Reshaping Global Energy Markets Oil prices have surged past $100 a barrel, reaching levels not seen since 2022, as the conflict in Iran intensifies. The escalating tensions are not just impacting crude oil; they’re sending ripples through global financial markets and threatening to exacerbate inflationary pressures worldwide. The … Read more