Brent and U.S. crude oil prices have surged due to escalating risks in the Middle East. Brent crude futures rose to $88.11 per barrel and briefly surpassed $90, with reports of explosions in Iran, Syria, and Iraq contributing to the concerns. U.S. crude futures also saw significant increases, with prices reaching $84.10 per barrel and WTI crude oil at $84.6. The geopolitical tensions have led to a more than 3% jump in oil prices overall.
Brent just slightly above 90 #OOTT #Iran https://t.co/wUqsm40ddB
BREAKING - Oil jumps more than 3% on Middle East worries https://t.co/J54pfrf4yJ https://t.co/7OzVpciavb
#OOTT | Brent Crude Oil Surges Above $90 On Mideast Conflict Concerns
U.S. CRUDE FUTURES RISE $2 TO $84.10/BBL
Brent crude oil > $89, +2.2% WTI crude oil > $84.6, +2.4% https://t.co/S5Nz0nQrx2
BRENT OIL PRICES CLIMB ABOVE $88/BBL AS MIDEAST RISKS ESCALATE
Brent oil prices climb above $88 per barrel as Middle East risks escalate. Iran, Syria, and Iraq were reported explosions just now. #OOTT #Geopolitics
BRENT CRUDE FUTURES RISE $1 TO $88.11/BBL
U.S. CRUDE FUTURES RISE $1 TO $83.73/BBL