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Oil price climbs above $90 as Iran says US diplomacy ‘isn’t possible’

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Independent World
Oil price soars above $90 as US and Iran escalate war
Analysts warn oil market may be underestimating risk to supply from latest escalation
20 Jul, 08:35
Centre
(1)
City AM
Oil price climbs above $90 as Iran says US diplomacy ‘isn’t possible’
The price of oil is creeping higher after the US launched strikes at Iranian rocket launchers that were reportedly preparing to lay mines in the Strait of Hormuz. Brent crude – the international benchmark for oil prices – climbed towards $91 per barrel after strikes from the US marked the first exchange of fire in [...]
31 Aug, 09:40
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