EnergyHighConfirmedAccelerating
10.0
Brent crude hits five-week high on Red Sea shipping disruptions and U.S.-Iran tensions
Walter Bloomberg·US · IR · SA·about 18 hours ago
Brent crude prices reached a multi-month high of $92 per barrel, driven by market concerns over potential supply disruptions linked to heightened US-Iran friction. The price movement reflects a risk premium being priced into energy markets as geopolitical instability in the Middle East intensifies.