EconomyOil prices climb as US-Iran attacks stoke fears of escalation
Oil prices rose after the United States and Iran exchanged fire for the first time in more than a month, raising fears that the Middle East conflict could escalate. Brent crude topped $91 a barrel, while shipping through the Strait of Hormuz remained heavily constrained. A tanker was struck by unidentified projectiles, with no casualties or claim of responsibility reported.
Oil prices climb as US-Iran attacks stoke fears of escalation
Economy